Nebula Inc. is an American multinational software development company, and it has operations in Orvetia. It has a working hours policy of nine hours a day. However, in Orvetia, a country in Eastern Europe, the labor laws specify that employees should work only eight hours a day. Which of the following external factors is affecting Nebula's operations in Orvetia?

Question

Quizplus · Accepted Answer

The labor laws in Orvetia that specify working hours are a form of regulation, which falls under political factors. These laws are part of the legal and regulatory environment that businesses must navigate when operating in different countries.