Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Statutory warning of 'Cigarette smoking is injurious to health' on the cigarette is an example of which type of environment?

Options:

Social Environment

Technological Environment

Political Environment

Legal Environement

Correct Answer:

Legal Environement

Explanation:

The legal environment includes the laws passed by the government as well as the decisions rendered by the various commissions and agencies at every level of the government. It's important that every business must function according to the law of the area in which it wishes to operate. The warning on cigarette is due to the statutory requirement.