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Sex Discrimination Act 1975/97, Race Relations Act 1992, Equal Pay Act 1970, Disability Discrimination Acts 1995 and 2005, Ethical Issues etc.

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What are some of the forces that can discourage participation in global business and explain those forces?

Some forces are: Sociocultural, economic, technological, legal and regulatory


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There are many legal as well as regulatory forces that affect REI in the United States of America. Some of these are called magnetic and gravity forces, there are many established companies that are going out of business because of said effects.


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General forces in the business environment refer to broad and overarching factors that impact all businesses, such as economic conditions, technological advancements, and cultural trends. Specific forces, on the other hand, are more localized and directly affect particular industries or companies, including competition, customer preferences, and regulatory issues. While general forces create a macroeconomic backdrop, specific forces shape the operational dynamics and strategic decisions of individual businesses. Understanding both types is crucial for effective business planning and strategy formulation.


What are Legal and Regulatory Forces?

Legal and regulatory forces are laws that protect consumers and competition and government regulations that affect marketing.


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The type of legal and regulatory forces that affect REI in gthe us are magnetic and gravity forces.


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Examples of driving forces include advances in technology, changes in consumer preferences, regulatory requirements, and competitive pressures. These factors can impact industries and organizations, influencing their strategies and operations.


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Which policy concerns rules for business?

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