BUS 071 Legal Environment of Business
The legal environment as per the course BUS 071 Legal Environment of Business includes the laws introduced by the gov't as well as the decisions made by the various commissions and agencies at every level of the government. It's necessary that every organization must function as per the law of the area in which it needs to operate.
To make profits and grow, business is needed to follow all the rules and guidelines that constitute this environment. Two examples as per the course BUS 071 Legal Environment of Business, protecting 'consumer's interests' is as follows:
- Adds of alcoholic beverages is strictly prohibited.
- Packets of cigarettes should be sold with the statutory warning 'Cigarette smoking is injurious to health'.
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