Answer:
Legislation and laws that are implemented by the government has a way to build or break the business such as environmental laws , educational laws and other laws which regulate how the business functions which may restrict how the business operates hence affecting its success.
The business may suffer major losses as a result of these politically implemented laws.
The government policy has effect on economic, social and legal factors which can all impact the business negatively or positively .
When the tax increases or decreases for a company, this has an effect on its overall function.
The interest rate is also affected by how the government deals with certain economical issues which can have an effect on the company too.
Political decisions have a major role on invention of new technologies, the interaction between social and cultural environment and the economy .
The government can accept or reject new technology inventions let us say a particular business needs that innovation to strive for success if it is rejected by the government then the business is negatively affected.
How the government of your country interact with the other countries will also have an impact on how you can reach out to other countries with your products .
If there exist a good relationship it will be easy to work with the outside countries if it is bad it won't be easy to take the business to other countries.
