Answer :
Economic factor of business-environment needs to be monitored and assessed in order to deal with corporate tax rates.
What is business environment?
The phrase "business environment" refers to the totality of all people, groups, organisations that compete with one another, as well as the government, courts, media, investors, and other factors that fall outside the purview of business organisations but have an impact on how well businesses perform. Therefore, although they are beyond of the control of business organisations, changes in government economic policies, rapid technological advancements, shifts in consumer preferences and tastes, rising market competition, etc. have a significant impact on corporate success.
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