Which of the following does not explain the impact ofGovernment policy changes on business and industry?(a) More demanding customers(b) Increasing competition(c) Change in agricultural prices(d) Market orientation
Answers
Answer:
Which of the following does not explain the impact ofGovernment policy changes on business and industry?(a) More demanding customers
(b) Increasing competition
(c) Change in agricultural prices☑️☑️☑️✔️
(d) Market orientation
“Change in agriculture process” does not explain the smash of Government policy changes on business and industry.
Explanation:
Government policy changes like liberalization, privatization and globalization affect the work of business organizations. More demanding customers, growing competition and etc explain all the smash of government policy changes. Moreover the changes in the price of agricultural products are independent of the government's policy changes and due to changes in demand and supply of agricultural products.