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प्रश्न
State two components of the legal environment of a business concern.
उत्तर
Two components of the Legal Environment of a business concern are :
(a) Laws and administrative orders of the government.
(b) The judicial system of the country.
(c) Flexibility and adaptability of laws.
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संबंधित प्रश्न
Give an example to show that a business firm operates within numerous inter related factors constituting the business environment.(Hint: example highlighting the inter relatedness of dimensions of business environment).
Explain, with examples, the various dimensions of business environment.
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Enumerate the components of the macro environment of a business concern.
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As part of regulations to be followed by advertisers, the advertisement for a new brand of baby food for infants provides important information for potential buyers that it is “Not recommended for infants under the age of four months”. Which dimension of the business environment is highlighted in the above statement?
Which one of the following is NOT a component of the legal environment?
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Which dimension of Macro environment is referred to in this statement?
State any three components of Social environment.