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Why is it necessary to have a working knowledge of the legislation involved in business?
Wiki User
∙ 13y ago
It's important to have a working knowledge of the legislation involved with your business so that with every move your business makes, you can ensure that you are complying with the laws of the land. Sticking to the law means that you will not face lengthy and costly legal battles in the future and perhaps more importantly, you will not be providing poor-quality goods and services to customers and won't be maltreating your
As a business, it's not just your responsibility to abide by the law, but you must ensure that you're providing your customers and your workers with a fair deal. .
Wiki User
∙ 10y ago
Peah Dorante
Wiki User
∙ 9y agoBusiness managers should have knowledge about business law because it is intimately linked to their daily decisions. If they fail to know the law, they could make their decisions could make the company liable.
Wiki User
∙ 8y agoHere are some reasons it is important to know business law:
- To help make sure that businesses and people working for them are treated fairly.
- To predict what the court will decide when there are violations of the law.
- To prevent lawsuits, by knowing the law so you can obey it.
Wiki User
∙ 13y ago1. Why is it necessary to have a working knowledge of the legislation involved in business?
Wiki User
∙ 10y agoRegular meeting and training with employees will ensure that all team members understand the legislation in the same way and will, therefore, in most cases apply it consistently.
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Why is the necessary to have a working knowledge of a legislation involved in business?
1. Why is it necessary to have a working knowledge of the legislation involved in business?
Why is it necessary to a working knowledge of the legislation involved in business?
1. Why is it necessary to have a working knowledge of the legislation involved in business?
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.
Why is it necessary to have working knowledge of the legislation involved in business?
To avoid discrimination and prosecution.
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