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Legal and regulatory compliance is an example of which dimension of business problem?

A) Organizational
B) Technological
C) External
D) Cultural

1 Answer

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Final answer:

Legal and regulatory compliance is classified as an external dimension of business problems, as it pertains to factors outside the organization's control, such as government laws and regulations.

Step-by-step explanation:

Legal and regulatory compliance is an example of which dimension of business problem? The correct answer is C) External.Legal and regulatory compliance is classified as an external dimension of business problems, as it pertains to factors outside the organization's control, such as government laws and regulations. Legal and regulatory issues are external factors that organizations must navigate and adhere to.

These are not determined by the organization itself, but are imposed by outside entities such as governments and regulatory bodies. Compliance with legal and regulatory standards is an essential aspect of operating a business professionally and responsibly. Organizations often have departments or hire external consultants specifically to handle these external compliance challenges, emphasizing the external origin of these requirements.

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