Businesses are affected by an external environment as much as they are affected by the competitors global factors influencing business are legal, political, social, technological and economic understanding of these factors is important while developing a business strategy. Market structure and political influence daniel c esty yale law school richard e caves harvard university follow this and additional works at:. For the past five years, smartphones have dominated the media technology industry and have produced some of the leading companies in the nation apple, for instance, the creator of the iphone, is one of the most prominent and successful companies not just nationally, but globally, as well. Pestle analysis: business environmental analysis pestleanalysis contributor dec 15 these factors take into account the political situation of a country and the world in relation to the country l for legal factors.
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Political and legal factors the great firewall of china: at the forefront of google's numerous court and legal battles over the years is its endeavours in trying to crack the world's internet market, china. Political and legal factors christian birke factors in the political and legal environments appear to represent an important influence on decisions made within companies.
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