Which of the following factors is NOT related to the political environment affecting businesses?

Prepare for the City and Guilds Level 3 Business Administration Exam with comprehensive study materials including flashcards and quizzes. Master key concepts and excel in your test with detailed explanations and practice questions.

Technological advances are predominantly linked to the economic and social environments rather than the political environment. They focus on the development and application of new technologies, which can drive innovation and growth in businesses, but are not directly influenced by political decisions or changes in government policy.

On the other hand, trade restrictions, military coups, and changes in legislation are all significant factors in the political environment. Trade restrictions are often implemented through government policies to protect domestic industries or influence international relations. Military coups can lead to instability and unpredictable changes in the business landscape. Changes in legislation impact various regulations that businesses must adhere to, affecting operational practices and compliance. Therefore, these three elements directly relate to the political environment, while technological advances do not fit into this category.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy