Taxes and government regulations are part of the ________ environment of business.
A) economic and legal
B) competitive
C) social
D) technological

Question

Quizplus · Accepted Answer

Taxes and government regulations are legal factors that impact the business environment. Economic factors pertain to the overall state of the economy, competitive factors relate to the rivalry between businesses, social factors involve societal attitudes and trends, and technological factors involve innovations and advancements in technology.

Taxes and Government Regulations Are Part of the ________ Environment