Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Which among the following is considered a part of the "Political environment" of a business?

Options:

General stability and peace in the country

Planned outlay in public and private sector.

Expectation from the workforce.

Administrative order issued by government authorities.

Correct Answer:

General stability and peace in the country

Explanation:

Political environment includes political conditions such as general stability and peace in the country and the attitude of elected government towards business. A stable political system can make business-friendly decisions that promote local businesses and attract foreign investors.