Hey You!
As the old clichè claims, the three most important things in retailing are: Location, location, and location.
(It should be option C on your sheet or device).
Answer:
Political / Regulatory
Explanation:
The political or regulatory environment of business comprises of different stakeholders which includes the government organization, political parties, legislation and laws. It is an environment which deals with activities of these stakeholders and factors affecting the administration of public affairs and business activities of different organizations.
Also, the regulatory environment deals with the activities or laws and legislation that have direct and indirect impacts on business operations. Such as:
1. Regulations on unfair business practices so as to create fair competition.
2. Protection of consumers from unfair business practices.
3. Ensure the society interest in business operations are not overridden by greed capitalist.
One lies along the Atlantic coast of the Maritime provinces, and in this region the Grand Banks of Newfoundland constitute the largest area. More than one billion pounds of cod, haddock, halibut, pollock, and other fish are caught every year along the Atlantic in deep-sea and shore operations.
