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 focuses on how the legal framework, including government regulations, contractual obligations, intellectual property rights, and other legal aspects, impacts how businesses operate and make decisions.
Question : Which environment deals with the study of laws and regulations affecting business operations
Option 2: Social environment
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