What Is Political And Legal Forces In Marketing? The political, legal, and regulatory forces of the marketing environment What are political and legal forces? Political factors are usually bigger picture topics such as tax policy, trade policy, or foreign trade policy, whereas legal factors tend to be more specific and relate to topics such as
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