Determination of a suitable strategy for a company begins with identifying the opportunities and risks in its external environment. By ‘external environment’ we mean events or factors outside a firm’s control, but which nevertheless affect a firm’s possible direction. Specifically, these refer to opportunities or threats that exist in a firm’s external environment.
Discuss how the political environment might have affected strategy in the country. [Cite and discuss any one political factor event and specify the nature of the resultant strategy].