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The government announced a policy giving micro industries preference in public procurement. Which dimension of the business environment does this illustrate?

Answer and explanation

Correct answer: Political dimension

The preference is presented as a government policy decision. Government policies and the government’s approach to business are part of the political dimension.

Related tags

Business EnvironmentPolitical DimensionPublic ProcurementDimensions Of Business EnvironmentBusiness StudiesClass 12 Mcq

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