Question

explain with the help of one example each how "political environment" and "legal environment" affect the functioning of a business enterprise.​

Answer 1

Answer:

Here is your answer!

Explanation:

The political environment can impact business organizations in many ways. It could add a risk factor and lead to a major loss. ... Changes in the government policy make up the political factors. The change can be economic, legal or social.

"Government actions which affects the operations of a company or business. These actions may be on local, regional, national or international level. Business owners and managers pay close attention to the political environment to gauge how government actions will affect their company."

Examples of environmental factors affecting business include:

* Climate.

* Climate change.

* Weather.

* Pollution.

* Availability of non-renewable goods.

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