Question

What makes up the political/regulatory environment?

A. Economic Policies, Social Reforms, Technological Regulations
B. Legislative Framework, Government Stability, International Relations
C. Market Trends, Consumer Preferences, Competitive Landscape
D. Environmental Laws, Ethical Standards, Industry Standards

Answer 1

The political/regulatory environment is composed of the legislative framework, government stability, and international relations, all of which impact the functioning of businesses.

Step-by-step explanation:

The political/regulatory environment is made up of various components. These include:

1. Legislative Framework: The laws and regulations set by the government that guide the functioning of businesses.
2. Government Stability: The stability and continuity of the government, which impacts the predictability of regulatory policies.
3. International Relations: The interactions and agreements between countries that influence trade policies and regulations.

These factors play a crucial role in shaping the political/regulatory environment in which businesses operate.