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In business, what may be the likely importance of Business Laws?

In business, what may be the likely importance of Business Laws?

Answers

vincent
Business laws can help in the following ways:
a) To regulate dealings and daily transactions
b) To prohibit unfair practices like discrimination.
c) To enforce the set and existing business policies.
d) To control the business activities
e) To create more job opportunities in the law enacting and regulatory body concerned in making the business laws.
f) To scrutinize resource allocation and utilization.
g) To enhance customer care and improved customer relationships.
vindori answered the question on April 2, 2018 at 18:55

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