Legal regulations are most likely a part of which environmental component faced by a business firm?

A) Customer component
B) Social/political component
C) Supplier component
D) Competitor component
E) Technological component

Legal Regulations

Mandatory rules and laws that govern how individuals and organizations can operate within society.

Environmental Component

Involves the elements of the physical and social setting that can affect individuals' behavior and well-being at work, such as noise level and office layout.