ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
GLOBALIZATION AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Local, State, Federal
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Local, state, exectuive
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Master, state, executive
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Judicial, local, district
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Detailed explanation-1: -Small business entrepreneurs have a lot to keep track of in government regulations of business because these rules exist in federal, state, and local governments.
Detailed explanation-2: -Government direct business regulations are federal rules and acts enacted to safeguard businesses and the public interest. Small firms can benefit from these restrictions as they expand. For example, if you operate a construction firm, government rules may demand the use of specific safety equipment on the job site.
Detailed explanation-3: -The Indian Companies Act, 2013 states laws for each type of company. There are various pre and post-incorporation requirements that you need to complete while setting up your business, starting with registering your company with the Ministry of Corporate Affairs.
Detailed explanation-4: -In India, the Companies Act 2013 defines the law for each type of company while starting up a business; you have to select the type of business, Like: Sole Proprietorship. Partnership. Limited Liable Company.
Detailed explanation-5: -A proprietorship is the least-regulated form of business organization.