What Is Meant By Legal Environment? The laws which are passed by the government for business operation is called legal environment. In every country, the government regulates business activities. These regulations of government are considered as legal environment. Legal environment in a country has a dominating position on all decisions of organization. What is the
What Do You Mean By Legal Environment Of Business? The legal environment includes the laws passed by the government as well as the decisions rendered by the various commissions and agencies at every level of the government. It’s important that every business must function according to the law of the area in which it wishes
Why Legal Environment Is Important To A Business? The business legal environment plays a very important role in determining the success of any businesses around the globe. The government taxes that are being imposed among other regulatory measures help to promote economic growth and to protect consumers from exploitation and other illegal factors. What do