English

Several initiatives have been undertaken by the government of India to encourage domestic manufacturing and export of defence equipments. 'Make in India' in defence, was one such scheme launched - Business Studies

Advertisements
Advertisements

Question

Several initiatives have been undertaken by the government of India to encourage domestic manufacturing and export of defence equipments. 'Make in India' in defence, was one such scheme launched by the government to encourage companies across the world to manufacture defence products in India. 

To which dimension of business environment does the above case relates to? 

Options

  • economic environment

  • legal environment

  • political environment

  • social environment

MCQ

Solution

political environment

Explanation:

The political environment includes the particular views that elected officials have on business. Decisions made by the government encourage businesspeople to invest in long-term initiatives for the expansion of the economy.

shaalaa.com
  Is there an error in this question or solution?
2021-2022 (December) Term 1
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×