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A state government with a business-friendly administrative approach begins issuing licences more quickly, without changing the relevant laws. Which dimension of the business environment is primarily involved?

Answer and explanation

Correct answer: Political dimension

The question attributes faster licensing to the state government's administrative approach and specifies that the laws have not changed. This points primarily to the political dimension, which includes the government's attitude and administrative approach toward business.

Related tags

Business EnvironmentPolitical DimensionAdministrationDimensions Of Business EnvironmentBusiness StudiesClass 12 Mcq

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