Which of the following does not explain the impact of Government policy changes on business and industry?

A

More demanding customers

B

Increasing competition

C

Change in agricultural prices

D

Market orientation

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And now we give you the correct answer:

Approved answer

Correct option is C)

Change in agricultural prices does not explain the impact of government policy changes on the business and industry. All the government policies such as liberalization, globalization, privatization affect the working of business organization. Changes in agricultural prices is independent of government policy and takes place because of the supply and demand changes.

#Which,of,the,following,does,not,explain,the,impact,of,Government,policy,changes,on,business,and,industry?