Tag Archives: social

Legal and Social Environment of Business

Legal and social environment of business pertains to day to day affairs of business. Interaction of staff members with each other, chit chat in tea and lunch breaks, get together and parties on achievements and honors of colleagues, employees-management relations, annual dinners, picnic and outings etc all make the social environment of business. On the other hand regulatory affairs, industrial relations, compliance of rules and regulations etc are part of the legal environment of the business. How it is developed Discussing about legal and social environment of business it is necessary to learn how social environment is developed. It is …Read more »

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