Pan Masala chabana swasthya ke liye hanikarak hai. This statutory warning is compulsory to be mentioned on the labels of the product. Identify and discuss the environment, which is associated with this example

Explanation

Legal environment is associated with above stated example. It includes various legislations passed by the government, court judgements decisions of various commissions and agencies at every level of administration Non compliance of these regulations can create legal problem for business enterprises A number of laws have been implemented by the government through the enactment of the Companies Act, Foreign Exchange Management Act, Factories Act, etc