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In which situation will political environment demand stronger risk diversification strategy from a company?

Answer and explanation

Correct answer: Heavy dependence on one government customer and possibility of budget cut

Dependence on one government customer increases policy and budget risk. In exams connect dependence with political risk.

Related tags

Business-EnvironmentPolitical-EnvironmentClass-12ExpertPolitical EnvironmentBusiness EnvironmentBusiness StudiesClass 12 Mcq

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