SSC
WORLD GEOGRAPHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Factors that include the functions and procedures of law and government are
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social factors
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political factors
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environmental factors
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economic factors
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Explanation:
Detailed explanation-1: -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.
Detailed explanation-2: -Political factors that affect businesses include taxation, employment laws, and political stability. They can impact a business positively or negatively by influencing how companies operate. One of the negative impacts is the introduction of risk.
Detailed explanation-3: -Political: Tax policy; environmental regulations; trade restrictions and reform; tariffs; political stability.
There is 1 question to complete.