The ________ environment consists of laws, government agencies, and pressure groups that influence or limit various organizations and individuals in a given society.
A) socio-legal
B) cultural
C) political
D) technological
E) economic

Question

Quizplus · Accepted Answer

The political environment refers to the laws, government agencies, and pressure groups that influence or limit various organizations and individuals in a given society. It includes the political system of a country, the policies and regulations of the government, and the actions of pressure groups and lobbying organizations. The political environment can have a significant impact on businesses, affecting their operations, strategies, and decision-making processes. Therefore, it is essential for organizations to be aware of the political environment in which they operate and to adapt their strategies accordingly. The other options, such as socio-legal, cultural, technological, and economic environments, are also important but do not specifically refer to the laws, government agencies, and pressure groups that make up the political environment.

The ________ Environment Consists of Laws, Government Agencies, and Pressure