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The elected government adopts an administrative policy to streamline approval procedures for small businesses, encouraging new enterprises to start. Which dimension of the business environment is primarily involved?

Answer and explanation

Correct answer: Political dimension

The primary dimension is political because the question focuses on the elected government's administrative policy and approach toward business. If the focus were on a new law or regulation itself, the legal dimension would be more relevant.

Related tags

Business EnvironmentPolitical DimensionGovernment PolicyDimensions Of Business EnvironmentBusiness StudiesClass 12 Mcq

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