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CAF-7 · Chapter 3 · Question 14 of 15

A major pharmaceutical company decides to build its new research facility in a specific province because the provincial government offered a 10-year tax holiday for investments in the healthcare sector. This incentive represents a:

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: A) Political factor

Explanation

Tax holidays, subsidies, and grants provided by the government to attract investments or support specific industries are interventions classified as Political factors.

All 15 questions in Chapter 3PESTEL Analysis (III) - Case Studies MCQs with answers

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