Primarily, is the type of business permitted by the local authorities, will it be affordable, and will it be popular enough to become profitable.
* Describe the basic environments (legal, social, economic) in which a business operates.
1,the economic and legal environment 2, technological 3, competitive 4, social 5, global
The global factors affecting business are the issues that will influence the way business runs from one country to another. Some of the main factors are political, legal, social as well as technological developments.
Economic Legal Ethical Discretionary
economic, legal, ethical and philanthropic.
* Describe the basic environments (legal, social, economic) in which a business operates.
What legal and ethical issues should a business consider when deciding whether or not to do business globally
•Social Obligation ØThe obligation of a business to meet its economic and legal responsibilities and nothing more. •Social Responsiveness ØWhen a firm engages in social actions in response to some popular social need. •Social Responsibility ØA business's intention, beyond its legal and economic obligations, to do the right things and act in ways that are good for society.
What are domestic and global legal issues that can impact the various business structures and how those issues can be effectively managed
Yes, a business owner can be sued personally for damages or legal issues related to their business activities, depending on the circumstances and legal liability.
1,the economic and legal environment 2, technological 3, competitive 4, social 5, global
Social, technological, economic, environmental, political, legal and ethical risks present in an enterprise environment. (that is to say, these are external risks)
Economic Legal Ethical Discretionary
Well there are many legal issues affecting but one is the main legal issue.
Well there are many legal issues affecting but one is the main legal issue.
The global factors affecting business are the issues that will influence the way business runs from one country to another. Some of the main factors are political, legal, social as well as technological developments.
During the time of Jim Crow African Americans had no legal rights a they had no economic and social status