Question : Which environment involves the study of the relationship between businesses and the government?
Option 1: Legal environment
Option 2: Political environment
Option 3: Social environment
Option 4: Economic environment
Correct Answer: Political environment
Solution : The correct answer is B) Political environment
The political environment involves the study of the relationship between businesses and the government. It encompasses factors such as government policies, regulations, political stability, and how government decisions and actions can impact business operations.