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प्रश्न
Explain the following term/concept.
Political environment.
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उत्तर
- Government and its policies affect business firms.
- It includes stability and peace in the country, specifically attitudes of elected representatives. The ideology of the political parties influences the business organization and attitudes of government officials towards business has an impact on business.
- It comprises .three vital institutions like Legislature, Government, and Judiciary.
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संबंधित प्रश्न
What is meant by 'business environment'?
What is included in the 'political environment' of business? State.
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Business is the product of different environmental factors.
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In how many type environmental factors can be classified?
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Which characteristic of the business environment is highlighted when changes are taking place too frequently and it becomes difficult to predict the future?
Which option lists both internal and external factors from the diagram provided?
