Congress is considering an increase in the minimum wage. Malinda operates an independent restaurant and is afraid this proposed

Question

3 years ago

6

Congress is considering an increase in the minimum wage. Malinda operates an independent restaurant and is afraid this proposed

increase will cause her business to become unprofitable. Malinda's concern falls into the ______________ component of the external environment.

Social Studies

2 answers:

frozen [14] · Answer 1 · 2022-07-18T11:25:41+03:00

Answer:

political/legal

Explanation:

According to my research on different components of the general environment, I can say that based on the information provided within the question Malinda's concern falls into the political/legal component. This is because, this component focuses on the following macro-environmental trends:

Antitrust laws
Taxation laws
Deregulation philosophies
Labor training laws
Educational philosophies and policies

Which we can say that increase in wages could fall under labor training laws and taxation laws.

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Jlenok [28] · Answer 2 · 2022-07-18T13:22:35+03:00

Answer:

Political

Explanation:

Congress is considering an increase in the minimum wage. Malinda operates an independent restaurant and is afraid this proposed increase will cause her business to become unprofitable. Malinda's concern falls into the political component of the external environment.