When Ruben wanted to start a new online news service, he was skeptical about investing in it because of the economic crisis in his country. However, he was put at ease after learning about the government's policy of levying low federal taxes on startup businesses. In this context, which dimension of the business environment is affected the most?
A) The technological environment
B) The social environment
C) The economic environment
D) The competitive environment

Question

Quizplus · Accepted Answer

The economic environment is affected the most because the government's policy of low federal taxes on startup businesses directly impacts the economic conditions and incentives for new businesses.

When Ruben Wanted to Start a New Online News Service