00:01
Describe how businesses are able to take advantage of both unstable and stable political environments for their personal gain in zambia.
00:10
So in both unstable and stable political environment, businesses can find ways to take advantage for their personal gain.
00:18
However, it's important to note unethical practices can harm the country's overall development and should be discouraged.
00:25
Some ways in which businesses may seek personal gains in the different political environments is during unstable time.
00:33
There is going to be an increase in bribery and corruption.
00:37
Because in an unstable political environment where governance may be weak, businesses may engage in bribery and corruption to secure preferential treatment, licenses, permits, or contracts.
00:49
You also see an increase of exploitation of loopholes.
00:53
Businesses may exploit loopholes and regulations and laws during political transitions to gain unfair competitive advantages, evade taxes, or engage in illicit activities.
01:05
You also have political connections.
01:08
So building strong relationships with politicians and political parties can help businesses gain access to resources, contracts, and favorable policies, even during times of political instability...