Final answer:
Statutory regulations, ethical considerations, and government policies are integral to the legal environment of business, influencing operation, competition, and corporate conduct. Therefore the correct option is d) All of the above.
Step-by-step explanation:
From the perspective of a manager or business owner, statutory regulations, ethical considerations, and government policies are vital factors to consider when operating a business. Statutory regulations include a wide array of laws governing contract enforcement, tax collection, health standards, environmental protection, and land use, such as zoning laws. Ethical considerations are laid out in a business's code of ethics, detailing permissible and impermissible actions and guiding business's environmental and social goals. Government policies influence business operations by regulating anti-competitive practices, monopolies, and by facilitating more competition through rules on the labor market, start-ups, operational zoning, and deregulation. The interaction of these elements contributes to the legal environment in which businesses function.