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Companies change their pricing policies after a law prohibits anti-competitive agreements. Which dimension of the business environment is primarily involved?

Answer and explanation

Correct answer: Legal dimension

The change follows a legal prohibition on anti-competitive agreements. Laws and regulations governing business conduct are part of the legal dimension.

Related tags

Business EnvironmentLegal DimensionCompetition LawDimensions Of Business EnvironmentBusiness StudiesClass 12 Mcq

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