BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Social environment
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Legal environment
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Economic environment
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Technological environment
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Political environment
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Detailed explanation-1: -(v) Legal Environment Legal environment includes various legislations passed by the Government administrative orders issued by government authorities, court judgments as well as the decisions rendered by various commissions and agencies.
Detailed explanation-2: -The legal environment includes the laws passed by the government as well as the decisions rendered by the various commissions and agencies at every level of the government.
Detailed explanation-3: -Legal environment includes various legislation passed by the Government administrative orders issued by government. It also includes the decisions rendered by various commissions and agencies.
Detailed explanation-4: -The legal environment includes various laws like Companies Act 2013, Consumer Protection Act 1986, Policies relating to licensing & approvals, Policies related to foreign trade etc.
Detailed explanation-5: -The legal environment includes various laws and regulations enacted, amended or repealed by the government, policies relating to licensing and approvals, policies related to foreign trade, strategies adopted by the government to improve the business ecosystem are the examples of legal environments.