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Question
Advertisement of alcoholic beverages is prohibited. This is an example of ________.
Options
None of these
Economic Environment
Legal Environment
Political Environment
MCQ
Fill in the Blanks
Solution
Advertisement of alcoholic beverages is prohibited. This is an example of legal environment.
Explanation:
The legal environment is made up of many laws and regulations enacted by the legislature. Noncompliance with the law can result in legal issues. As a result, this is an example of a legal setting.
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Dimensions of Business Environment - Macro
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