Managers need to use ____ if they want to identify and respond in a timely manner to social and political shifts.

A) political risk assessment
B) issues management
C) trial balloons
D) protectionism
E) legal auditing

Political Risk Assessment

The process of analyzing and understanding the potential risks to business operations and investment caused by political decisions, events, or conditions in a given country.

Issues Management

The proactive process of identifying, assessing, and responding to potential issues that could negatively affect an organization.