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What does Laws and Political/Legal Considerations include?

      

What does Laws and Political/Legal Considerations include?

  

Answers


Martin
The political/legal constraints include; Laws and regulations, taxes, wars or presence or chances of war, political stability. The attitudes and the actions of the political and government leaders and legislators do change with the flow of social demand and behavior. These changes affect organizations. These laws, regulations and government policies and actions will affect all types of enterprises. The government for example will affect every organization in every aspect of life. It can either promote or constrain a business leading to its closure or expansion.

Laws regulate every dimension of human existence and they come about to prevent or to stop the abuse of power. In exercising their power over resources, managers sometimes come into conflict with the expectations and goals of the society. Business Managers are confronted with a multitude of laws that limit their power e.g. the existing laws that regulate the working
conditions, minimum wages, safety of the workers etc. Managers may lobby for influential personality in order to influence government positions.

With regard to political-legal constraints, managers can make inputs at the local or national levels. They may lobby influential personalities in a bid to influence government decisions. In the final analysis, an organization cannot control what a government body does.
marto answered the question on March 4, 2019 at 07:05


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