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Q: How do legislation and regulations of the government affect a business?
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How does a democrat government affect business?

Government Regulations


How does government stability affect a business?

Yes the government can affect the stability of a business


What are the internal and external factors in business environment?

Some internal factors that impact the business environment include competitors and business resources. External factors that affect the business environment barriers to entry and government regulations.


What is the purpose of legislation in business?

Legislation can affect business in many ways. From workplace laws dealing with employer/employee relationships, legislation creating taxes that business must pay, product safety legislation, OH&S legislation and Fair Trade legislation just to name a few. So the purpose of legislation n business is really dependent on what specific legisation you mean..


Why is it necessary to have knowledge of the legislation involved in business?

It is necessary to have knowledge of legislation involved in business because it affects how businesses operate and can affect the prices of goods and services.


How does a change in government regulation affect a business?

Change in government regulation affect on buniess performance and business stability.


How government actions affect business profits?

Government is the one that implements laws, regulations, and rules that governs the whole trade and commerce industry - and so whatever their actions are, if largely affects how business and companies earn profits from consumers and through their selling.


Factors affecting the moral climate in business?

Competition and government regulations affect the moral climate of businesses. When a business can't compete the right way managers feel the need to circumvent laws and act immorally.


How do government policies and legislation affect business?

The Government affects a business in many ways by making laws, issuing taxes and also how well the government improves and maintains their infrastructure. In some countries may be pro-business and in others it may not. The infrastructure has to be good to encourage more businesses to come into the country. Only if the infrastructure is good will the transportation of goods be easy, thus encourage businesses.


Explain elements of business environment?

A business environment are the internal and external factors that affect a business. Its elements include society, technology, regulations, economy and politics.


What are the factors that effect the budget resources allocation decisions of managers?

The internal objectives of a business; the regulations and legislation's that affect the market plans; world news and events; industrial analyst reports, financial analysis; establishing strategic goals, achieving them and attaining results. These are the factors that affect budget resources allocation decision of managers.


Environmental factors affecting small scale business?

Environmental factors that affect small businesses include governing bodies and competitors. When the government makes regulations it can hurt small businesses trying that are trying to survive.