What is the primary component of the business environment that includes laws and regulations?
Correct Answer: Political Environment
- Step 1: Understand that the business environment is made up of different components.
- Step 2: Identify one of these components, which is the political environment.
- Step 3: Recognize that the political environment includes laws and regulations.
- Step 4: Realize that these laws and regulations impact how businesses operate.
No concepts available.
