BUS 670 Legal Environment
The government regulates the business according to its defined priorities in all the countries. Legal system of the country is framed by the government. The law which is passed by government for business operations is called legal Environment in course BUS 670 Legal Environment. There is major role of government in handling regulatory affairs. Regulatory environment decides the limits for business operations which is called legal environment.
In all decisions of organization, Legal environment in a country has a dominating position. All the organization policies are always influenced by government, so the organization should have deep knowledge of the policies, because non implementation of legal policies results in heavy fines, penalties and punishment and therefore every organization must follow all the regulations under BUS 670 Legal Environment.
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