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Why is following legal rules necessary for an entrepreneur?

Answer and explanation

Correct answer: व्यवसाय को सुरक्षित और भरोसेमंद चलाने के लिए

Legal compliance helps an enterprise operate within required standards, protect stakeholders and reduce the risk of penalties, disputes, closure or loss of reputation. It may include applicable tax, labour, safety, consumer and registration duties. Following law is not a way to avoid taxes or customer rights; it supports safe and trustworthy business conduct.

Related tags

Legal ComplianceBusiness EthicsSocial Responsibilities Of Business And Business EthicsBusiness StudiesClass 11 Mcq

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