Overview: the final project for this course is the creation of an
The impact of the governmental action or political challenge on the business’s financial situation and operations will depend on the specifics of the action or challenge. For example, if a government implements a policy that requires businesses to pay higher taxes, then this could lead to reduced profits and may affect operations by requiring additional resources to be allocated towards tax payments. If a business faces a political challenge such as an increase in competition due to new laws that make it easier for competitors to enter their market, then this could lead to decreased revenues and lower profits. In either case, the exact impact will depend on how well the business is able to adjust its strategy and operations in order to mitigate these effects.