what is the definition of
basic legal environment
* Describe the basic environments (legal, social, economic) in which a business operates.
The legal environment is important to business so that a business runs smoothly. If a business, especially a large one, has no legal department, they are much more open to problems.
Political environment is where the government bodies intervene in situations where society does not adhere to the governmental Acts, so therefore politically there always have to be some form of governance.
1. Economic environment 2. Technological environment 3. Cultural environment 4. Political environment 5. Legal environment 6. Natural environment 7. Internal environment
Environmental factors affecting entrepreneurship: 1. Political environment 2. Legal environment 3. Economic environment 4. Technological environment
* Describe the basic environments (legal, social, economic) in which a business operates.
A 'political legal environment' is the system of government instituted by each country's central government. Think of the differences between the US-UK-German governments; all are democracies, but their governments are elected, govern, and are replaced in different ways.
During the Republic, the basic legal code was the Laws of the Twelve Tablets. Over the years these laws (and we don't know all of them) were reinterpreted, changed, and loopholes were found, but the basic rights of an individual remained the same.
NO
no it is not legal
the set of rules and regulations to be abiding by law stimulating and surrounding the business is knoen as legal environment
The legal environment sets the normative standards of ethical behavior
Hope Viner Samborn has written: 'Basic legal writing for paralegals' -- subject(s): Legal composition, Legal assistants 'Legal Research & Writing Workbook' 'Basic legal writing for paralegals' -- subject(s): Legal composition, Legal assistants
Components that make up the marketing environment are the competitive environment, political/legal environment, economic environment, technological environment, and social/cultural environment.
The legal environment is important to business so that a business runs smoothly. If a business, especially a large one, has no legal department, they are much more open to problems.
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Political environment is where the government bodies intervene in situations where society does not adhere to the governmental Acts, so therefore politically there always have to be some form of governance.