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Raymond is playing with his children while simultaneously watching a basketball game on television. It is important that he pay attention to the game and the panel's discussion during half time. He is a sports writer and needs to finalize his report for the following day's print. Which factor influences Raymond's perception in this scenario, and why?
Political Factor
Political factors are elements related to government actions and policies that can affect a business's operations and profitability, such as laws, regulations, and political stability.
Competitive Landscape
The dynamic market environment in which businesses compete, including factors such as competitors, customers, and market trends.
PEST Analysis
An analytical framework for assessing external macro-environmental factors influencing an organization, including Political, Economic, Social, and Technological aspects.
Competitive Landscape
The analysis of how businesses compete within a particular sector, including strategies, strengths, weaknesses, and market positions.
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