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Which of the following statements is true with respect to political environment? -

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Question

Which of the following statements 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 the above

MCQ

Solution

It includes political conditions such as general stability and peace in the country.

Explanation - 

The political environment is the result of a mix of beliefs promoted by various political parties. It includes political conditions such as the country's overall stability and peace, as well as the elected government's political attitude toward business.

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Dimensions of Business Environment
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