Legal regulations are most likely a part of which environmental component faced by a business firm?
A)Customer component
B)Social/political component
C)Supplier component
D)Competitor component
E)Technological component

Question

Quizplus · Accepted Answer

Legal regulations are part of the social/political component as they are created and enforced by government bodies and reflect the political and social environment in which a business operates.

Legal Regulations Are Most Likely a Part of Which Environmental