In India, the advertisements for alcoholic beverages are banned, the dimension of business environment referred to here is:

Legal

The correct answer is option 4- Legal.

In India, the advertisements for alcoholic beverages are banned, the dimension of business environment referred to here is Legal. The ban on advertisements for alcoholic beverages in India is due to laws and regulations set by the government. This relates to the Legal dimension of the business environment, which includes Laws, Rules, Regulations, Court decisions, Government policies. These legal factors directly affect how businesses can operate and advertise their products.

Legal environment includes various legislations passed by the Government administrative orders issued by government authorities, court judgments as well as the decisions rendered by various commissions and agencies at every level of the government— centre, state or local. It is imperative for the management of every enterprise to obey the law of the land. Therefore, an adequate knowledge of rules and regulations framed by the Government is a pre-requisite for better business performance. Non-compliance of laws can land the business enterprise into legal problems.