The _____ environment sets the basic rules for how a business can operate in society.
A) legal
B) social
C) economic
D) technical
E) cultural

Question

Quizplus · Accepted Answer

The legal environment encompasses the laws, regulations, and guidelines that businesses must adhere to, including those related to employment, advertising, consumer protection, and product safety. Legal requirements set the basic rules for how a business can operate in society. The failure to comply with these laws can result in legal penalties or damage to a company's reputation.

The _____ Environment Sets the Basic Rules for How a Business