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Advertisement of alcoholic beverages is prohibited. This is an example of ________. -

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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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