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JAMB Commerce 1997 Question 49

Question 49

Business Environment and Social Responsibility

The existing system of governance and the administrative sub-divisions of a country which affect the operations of business in the country is described as

  1. A.economic environment
  2. B.legal environment
  3. C.political environment
  4. D.social environment.
Show the answer and explanation

Answer: C (political environment)

Explanation

Government, the system of governance and administrative units form the political environment in which a business operates.