Ask Question
12 April, 09:23

The government of Filvia has mandated that the standard minimum wage in the country be increased to $8,000 per year. This has ensured that all firms in the country pay their employees at least $8,000 per year, which has brought about a higher standard of living for the people of Filvia. Which of the following factors in a firm's general environment does this mandate best indicate?

a. ecological factors

b. sociocultural factors

c. technological factors

d. legal factors

+1
Answers (1)
  1. 12 April, 09:33
    0
    Answer: Legal Factors.

    Explanation:

    The new minimum wage passed by the government of Filvia, would contribute to the legal factors that a Firm would have to meet if they are to operate in that country. The legal factors are the guidelines the law of a country gives to businesses operating there.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The government of Filvia has mandated that the standard minimum wage in the country be increased to $8,000 per year. This has ensured that ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers