Which of the following is not a part of the economic environment of business ?
Changes in Patent Laws are part of the legal and regulatory (politico-legal) environment of business rather than the economic environment. The economic system, economic…
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Which of the following is not a part of the economic environment of business ?
Answer and explanation
Correct answer C
Changes in Patent Laws are part of the legal and regulatory (politico-legal) environment of business rather than the economic environment. The economic system, economic policies, and market competitive conditions form part of the economic environment.
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UGC NET Commerce