Question : Which environment deals with the study of laws and regulations affecting business operations?
Option 1: Legal environment
Option 2: Economic environment
Option 3: Technological environment
Option 4: Political environment
Correct Answer: Legal environment
Solution : The correct answer is (A) Legal environment
The legal environment deals with the study of laws and regulations affecting business operations. It encompasses all the legal aspects, including government regulations, contracts, intellectual property rights, labor laws, and other legal factors that impact how businesses operate within a particular jurisdiction.
Question : Which environment deals with the study of laws and regulations affecting business operations
Option 2: Social environment
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