The newly appointed Government of a country has created an atmosphere of uncertainty and fear in the country. As a result of which the price of dry fruits has risen. Which feature and dimension of Business Environment is related to above case? (A) Complexity and Political Environment Choose the correct answer from the options given below. |
(A) and (C) Only (B) and (D) Only (C) Only (C) and (D) Only |
(C) Only |
The correct answer is Option (3) → (C) Only The given scenario underscores the interconnected nature of the business environment, particularly the relationship between the political and economic aspects. The term "inter-relatedness" accurately captures how changes in the political sphere, such as those initiated by the newly appointed government, can have a direct and consequential impact on the business environment. The resulting atmosphere of uncertainty and fear among the public is a testament to the interplay between political decisions and economic outcomes, exemplified by the rise in dry fruit prices. |