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...Importance of politics in strategic management political stability changes government regulations impact on economy campaign finance lobbying or legislative advocacy helps risk mitigation impacts organizational role competition the following are some important benefits growth business better service to customers provides opportunities for creative thinking and innovation stops complacency triggers economic identification strengths weakness potential threats raise their standards national global environment concentration synergies motivation long term developments that shaping our world emerging markets increase power green marketing is becoming a competitive advantage banking seek recovery through transformation governments enhance ties with private sector rapid technology creating smart mobile demographic shifts transform workforce components internal external micro operating suppliers b c market intermediaries d competitors e public...