BMW is closely following the implications of several recent elections including the presidential elections in France and the United States, the Brexit vote in the United Kingdom, and the new government in Germany. Why?
Answer Options:
A. BMW popular car sharing service will be compromised
B. The elections create uncertainty in the international business environment
C. The elections mean that BMW will have to create new government contracts.
D. China is developing its own auto industry
E. The elections suggests policies favoring Japanese automobiles
Elections create uncertainty in business environment.
( Political stability will have a positive impact on business environment and will promote growth. Policies instability or turmoil on the other hand will adversely affect consumer confidence and investor confidence ,especially foreign companies will be faced with numerous constraints. BMW is a prestigious car manufacturer and enjoys a world wide Market. So elections in a country in which the company has operations or selling outlets will definitely mean a lot to it. Elections create uncertainty as nobody can exactly predict how the political events will turn out and how the economy on the whole and what kind of impact it will have on the growth of the company . The new government may alter the existing trade policy and investment policy or may not alter it at all .That's why. companies like BMW are keen on monitoring elections.
BMW is closely following the implications of several recent elections including the presidential elections in France...
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