ENTREPRENEURSHIP

ENTREPRENEURSHIP AND THE GLOBAL ECONOMY

GLOBALIZATION AND ENTREPRENEURSHIP

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

What do business laws do?

A	promote fair business practices and protect the best interests of employers, employees, consumers, and the government
B	do not vary from one person to another
C	is most important for advertising agencies
D	is the application of moral standards to business situations

Explanation:

Detailed explanation-1: -Providing fair compensation and benefits. Providing good and safe working conditions. Providing opportunities for personal growth and development. To develop a sense of belongingness.

Detailed explanation-2: -With the knowledge of business laws and regulations, one can manage the business more efficiently by avoiding unnecessary legal issues. It would be easier to understand every type of business’s legal terms and conditions with this knowledge.

Detailed explanation-3: -Social responsibility means that individuals and companies must act in the best interests of their environment and society as a whole.

There is 1 question to complete.