Business Studies · Macroenvironmental Analysis
Consider the following statements: 1. A political system can be defined as 'a complete set of institutions, political organisations and interest groups, the relationship between those institutions and the political rules and norms that govern their functions.' 2. Nationalisation of an industry involves the government selling some of its state-owned assets to private investors to promote competition. Which of these statements is/are correct?
- 1Neither 1 nor 2
- 2Both 1 and 2
- 32 only
- 41 only✓
Correct answer
1 only
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