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Local government speeds up the administrative process for allocating industrial land, allowing factories to open sooner. Which dimension of the business environment does this illustrate?

Answer and explanation

Correct answer: Political dimension

The example focuses on local government’s administrative action. Government functioning and administrative decisions are associated with the political dimension of the business environment.

Related tags

Business EnvironmentPolitical DimensionLocal GovernmentDimensions Of Business EnvironmentBusiness StudiesClass 12 Mcq

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