Question

Give a report based on topic--legal and regulatory framework.

Answer 1

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The legal and regulatory framework does not only includes the legislative part but also have a great impact on social, political, economic factors in order to achieve the objectives. The legal framework includes the constitution of the country, all the things legally related to the country, rules, companies, etc RG things which are having a legal impact on the country is what we call legal framework as it is a very important and crucial thanks for the country as they need to be legalized with their law. The regulatory framework is very essential for effective management which helps in various operations of the organization to achieve their organizational goals. Basically, laws are the rules which should be taken seriously and each and every citizen of the country should follow the rules and try not to think superior then the laws as it is created by the government of the country and it is the responsibility of the people to follow the laws which were implemented for the betterment for the people of the country.