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प्रश्न
Even after opening up of Indian economy, foreign companies find it extremely difficult to cut through the bureaucracy and red-tapism in government offices. This discourages them from investing in India. Identify the dimension of environment mentioned in the above para:
पर्याय
Social environment
Legal environment
Political environment
Technological environment
MCQ
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उत्तर
Political environment
Explanation:
The Political Environment includes factors such as:
- Government policies
- Administrative efficiency
- Bureaucratic structure
- Stability and attitude of government toward business and investment
In the given case:
- Bureaucracy and red-tapism in government offices are political and administrative issues.
- These create barriers for foreign companies and discourage foreign investment, even after economic liberalization.
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