Legal and regulatory factors in the external environment typically do not include
A)minimum wage legislation in low-wage industries (such as nursing homes and fast food restaurants)that employ substantial numbers of relatively unskilled workers.
B)consumer protection statutes
C)genetic engineering, nanotechnology, and solar energy technology.
D)antitrust laws.
E)occupational health and safety regulations specific to certain industries, such as meatpacking and coalmining, where jobs are hazardous or carry high risk of injury

Question

Quizplus · Accepted Answer

Legal and regulatory factors typically refer to laws and regulations set by the government that affect businesses, such as antitrust laws and occupational health and safety regulations. Genetic engineering, nanotechnology, and solar energy technology are not typically considered legal and regulatory factors, but rather technological advancements that companies may need to keep up with or adapt to in order to remain competitive.

Legal and Regulatory Factors in the External Environment Typically Do