Question

“The nature of the relationship of our country with foreign countries”, is a major element of which of the following components of the Business Environment? (a) Social Environment (b) Legal Environment (c) Political Environment (d) Economic Environment​

Answer 1

Answer:

(c) Political Environment

Explanation:

“The nature of the relationship of our country with foreign countries”, is a major element of the Political Environment.

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Answer 2

Answer:

(c) Political environment

“The nature of the relationship of our country with foreign countries”, is a major element of Political environment of the Business Environment.

Explanation:

• The Political environment incorporates general stability of the government, harmony in the nation, philosophy of the government and so on.
• Political Environment is the state, government and its organizations and regulations and people in general and private partners who work and communicate with or impact the framework. The political climate ought to be great and entirely stable for a firm to effectively work.
• Political Environment assumes an exceptionally essential part in the guideline of business.
• The political environment significantly influences the manner in which a business works.
• The political environment regarding Business Environment incorporates every rules and regulation and the role of the government in the everyday working of the business.