The importance of politics to a business person.

[Suba]

That is what happens if the government is controlled by business people, they prioritize profits, and themselves, even company workers use a 2-year work contract system, if it ends there is no severance pay.

 

[IB D]

That is what happens if the government is controlled by business people, they prioritize profits, and themselves, even company workers use a 2-year work contract system, if it ends there is no severance pay.

But it makes some sense if business people enter government, they would make laws and policies that would favor the business sector knowing from experience the challenges suffered by the sector. I prefer a technocrat in government than a core politician.

 

[Stardom22]

The economy of each country is controlled by the politics of that country. For instance good political stabilities can attract more foreign investors and promote business in a certain country than it is when the politics of the nation is at stake.

 

[aovurevu]

I hear so many people say, "I am a businessman, what concerns me with business? Let me put it very clearly that politics and governance plays a time and affects businesses. That's why you need to participate actively in politics as a business person.

Do you know if you support a candidate for and he wins, you would be highly favored with policies, contracts and other incentives by that government.

Well you are very right about this, even if you are not close to the person , government policies affect all , it favours you when the right policies are being made and that could be done by the right person.

 

[Niyi Briggs]

In my country for instance, one man was given monopoly license to produce cement for years just because he was playing the right politics. If you don't know how to play subtle politics as a business person, your business might run into issues with policy formation.

 

[Heatman]

And this is the main reason wby most businesses lost their values. It is unethical to find a business linked in a financial corruption perpetrated by a politician while in office. Many businesses had been closed down after having their assets liquidated.

Whenever such politician is under investigation, any business that is associated with is going to suffer as a result of this.

 

[Niyi Briggs]

Whenever such politician is under investigation, any business that is associated with is going to suffer as a result of this.

I don't get how the business would suffer when it is not his own business. He is just a staff. It might slightly affect the reputation of the business.

 

[IB D]

Even if a business organization is not actively involved in politics, it makes sense for it to be conscious of the political terrain in it's domain and subtly take sides that would favor it.

 

[Bisolami]

Well I agree with you. Politics play a major role in the successfulness of the business

It makes the business successful and there are times when it crumbles down the business but it now depends on the kind of policies and politics in the business

 

[Stardom22]

A country that has better politics have peace and harmony prevailing in that country. A peaceful place therefore is likely to have good business environment in the matter of fact.

 

[Smalto]

I hear so many people say, "I am a businessman, what concerns me with business? Let me put it very clearly that politics and governance plays a time and affects businesses. That's why you need to participate actively in politics as a business person.

Do you know if you support a candidate for and he wins, you would be highly favored with policies, contracts and other incentives by that government.

Politics plays a very significant role in the success of a business venture, because when the right and knowledgeable leaders are elected into power, they tend to make policies that are business friendly and also support the growth of businesses.

 

[uptrendfinancialsignal]

The importance of politics to businesses cannot be overemphasized especially if you are residing in the lower tier countries where politics has taken over the business office of the country.

 

[hastral45]

And he or she would push for legislations that would make his business thrive. It is complete folly to ignore politics as a business person. Economic systems where businesses thrive are determined by the constitution and government.

And this is the main reason why business has totally lost its ethical values because of its involvement in politics. And that is why many businesses faced victimization because of its involvement or remationshio with opponent parties or former governments.