Question

Legal environment is one of the essential areas to concentrate on while starting or working on any business

Answer 1

The legal environment is one of the essential areas where the focus should be given while starting any business or work. The given statement is correct.

Explanation:

1. Legal environment refers to the rules and regulations that have been made by the authorities of the area in which the business are organization is set up.
2. The legal environment has direct implications for the functioning and operations of a business organization.
3. If the activities of the organization do not comply with the local rules and regulations, the activities can be shut down.
4. In fact, it can also harm the reputation of the business.

Your question is incomplete, but most probably your full question was "Legal environment is one of the essential areas to concentrate on while starting or working on any business- is it true or false?"