Do you understand the business culture and legal environment?
Under the old guidelines, business schools were required to address what was called the "legal environment of organizations."
They needed a dependable legal environment for the conduct of their business.
"So the question is, how to remain true to them in a changing technological and legal environment?"
The legal environment changed not because of new legislation, but by accident.
"The big question is, how do we make money and do well given the current legal environment?"
We have certainly established a political and legal environment in which that can happen.
We need to create a legal, economic and technological environment that is suitable for the industry.
We need to improve the economic and legal environment.
"The legal environment has changed a lot in the last few years," de Merode said.