4 "Attractive rate of interest on home loans have increased the demand for homes and 1 has given a boost to the business of builders and property dealers.” Which aspect of the business environment is discussed in the given statement? a. Legal Environment b. Political Environment Economic Environment d. Technological Environment
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Political Environment
Explanation
Correct answer is option b i.e. political environment economic.
Political environment:
- Atmosphere must be good and relevant to take decisions.
- May give harm to the people of it is make more friendly with others.
- Includes public activity towards economy, Legal frameworks, rules and regulations.
- Have all the parties included in it either for taking decisions or for making some policies.
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