With regard to political factors,a company may have to pay off politically powerful entities in a country before the government allows it to do business there.

Question

Quizplus · Accepted Answer

This is true. In some countries, having political connections or paying off politically powerful entities is a common practice for companies to gain approval or favorable treatment in doing business. It is important for companies to understand the political landscape of the countries they operate in and factor in political risks in their decision-making process.

With Regard to Political Factors,a Company May Have to Pay