Question : Case Study 9:
PQR Enterprises is a manufacturing company that has been impacted by a government policy change promoting liberalization, privatization, and globalization.
Q:- What is the business environment factor affecting PQR Enterprises in this case?
Option 1: Economic environment
Option 2: Political environment
Option 3: Social environment
Option 4: Technological environment
Correct Answer: Political environment
Solution : The correct answer is (B) Political environment
The business environment factor affecting PQR Enterprises in this case is the political environment. The company has been impacted by a government policy change that promotes liberalization, privatization, and globalization. These policy changes are political decisions that influence how the business operates and its competitiveness within the market.
