Which of the following is not an impact of Government policy changes on business and industry?
(
This question was previously asked in
Shift 30/05/2023 12:00 PM - 2:00 PM
A
Increasing Competition
B
More Demanding Customers
C
Budgetary Support to the public sector
D
Market Orientation
Correct Answer
Budgetary Support to the public sector
Detailed Explanation
Impact of Government policy changes on business and industry:
The government policy of liberalisation, privatisation and globalisation has made a definite impact on the working of enterprises in business and industry in terms of
(a) increasing competition
(b) more demanding customers
(c) rapidly changing technological environment
(d) necessity for change
(e) need for developing human resource
(f ) market orientation
(g) loss of budgetary support to the public sector
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