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Question
Which of the following statement is true with respect to political environment:
Options
It include the social forces like customs and traditions, values, social trends, society's expectations from business, etc.
It includes forces relating to scientific improvements and innovations.
It includes political conditions such as general stability and peace in the country.
None of these
MCQ
Solution
It includes political conditions such as general stability and peace in the country.
Explanation -
The ruling party's and government's authorised legislation and laws make up the political environment. It is often linked to a country's political situation.
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Dimensions of Business Environment
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