Question

State any two expectations of the Government from a business concern.

Answer 1

The expectations of the Government from a business concern are:

1. To follow the laws and regulations of the country.
2. To pay all taxes honestly, regularly and in time.
3. To avoid corrupting public servants.
4. To make proper use of scarce resources of the nation.
5. To assist in solving national problems like poverty, unemployment, unbalanced regional growth, etc.
6. To avoid monopoly and concentration of economic power.