BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -It is not legal environment as laws do not change frequently, but subsidy do change frequently, and as it is enforced by govt, so it falls in political environment.

Detailed explanation-2: -Definition: Subsidy is a transfer of money from the government to an entity. It leads to a fall in the price of the subsidised product. Description: The objective of subsidy is to bolster the welfare of the society. It is a part of non-plan expenditure of the government.

Detailed explanation-3: -∎ An environmental subsidy or similar transfer is a transfer that is. intended to support activities which protect the environment or. reduce the use and extraction of natural resources. ∎ Includes transfers defined by the SNA as subsidies, social benefits to.

Detailed explanation-4: -Political environment includes political conditions such as general stability and peace in the country and the attitude of elected government towards business.

Detailed explanation-5: -The political environment can be studied in terms of central government, a country’s citizens, rules and regulations or international relations. Examples of political factors associated with a country’s central government are the level of bureaucracy, corruption, and government stability [2].