Question : Fill in the blanks-
Extent and nature of government intervention in business is a part of ______ environment.
Option 1: Economic environment
Option 2: Social environment
Option 3: Technological environment
Option 4: Political environment
Correct Answer:
Political environment
Solution :
Political environment includes political conditions such as journal stability and peace in the country and specific attitude that elect government representative holds towards business. Extent and nature of government intervention in business is a part of political environment.
Hence Option D is correct