1.

There are various impacts of government policy changes on business and industry. Out of the following options, which is NOT true about the given statement?

A. Government is making these policies only to attract votes
B. Rapidly changing technological environment creates tough challenges before smaller firms.
C. More demanding customers as they are more aware and are offered wider choice in purchasing better quality of goods and services due to high competition.
D. Increasing competition for Indian firms due to changes in the rules of industrial licensing and entry of foreign firms.
Answer» B. Rapidly changing technological environment creates tough challenges before smaller firms.


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