Question : Case Study 3:
PQR Enterprises is a retail company that has been affected by changes in government policies related to taxation. The company needs to adapt its operations to comply with the new policies and minimize the impact on its profitability.
Q:- Which dimension of the business environment is highlighted in this case?
Option 1: Economic environment
Option 2: Social environment
Option 3: Technological environment
Option 4: Political environment
Correct Answer: Political environment
Solution : The correct answer is (D) Political environment
The dimension of the business environment highlighted in this case is the political environment. The case involves changes in government policies related to taxation, which fall under the political environment. This dimension includes government regulations, policies, and political factors that can significantly impact businesses.
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