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Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
Bhavana Garg A posted an Question
February 23, 2022 • 20:05 pm
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30 points
30 points
- UGC NET
- Commerce
I want explanation of ehole topic of political and legal environment
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Rucha rajesh shingvekar![best-answer]()
A key factor to asses in the political environment is the stability of the local government. Examine the country's policies toward business, including factors such as trade and tariff policy, tax structure, anti-trust and competition regulations, union power and consumer protection laws. 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.