Question

"Due to enforcement of Euro-N emission norms, an automobile company had to phase out one of its model." Identify the dimension of environment highlighted in the given statement.

Options

• Technological

• Political

• Legal

• Economic

Answer 1

Legal

Explanation -

Legislation passed by the Parliament and state legislatures make up the legal environment. The legal environment refers to the legal framework in which businesses must operate, which includes government laws, administrative orders, court judgments, and so on.