Packaging of cigarette and other tobacco products contain warnings on potential health hazard of consuming the product. This is an example of companies responding to which component of their environment?
Technical
Ecological
Legal
Economical
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ECOLOGICAL IS THE RIGHT ANSWER
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Packaging of cigarettes and other tobacco products contains mornings on potential health hazards of consuming the product.
- This is an example of companies responding to the legal component of the environment.
- The legal environment consists of various laws that a business firm needs to follow in order to run a business.
- Any business should inform the customers about the ingredients as well as the harmful impact of these ingredients.
- The legal environment of business is what makes the working of the enterprise harmonious. It also defines the legal boundaries and the scope of the firm.
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