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Question
______ expect the business organization to follow the laws and regulations of the country.
Options
Suppliers
Government
Associates
Owners
Advertisements
Solution
Government expect the business organization to follow the laws and regulations of the country.
Explanation:
The specific government regulations and laws a business owner must adhere to vary based on their industry and geographical location. However, there are some general categories of business regulation that all business owners may encounter at the same point.
RELATED QUESTIONS
Mention any two expectations of Employees.
Which one is not a way to manage stakeholder expectations?
Which of the following are the two expectations of government from a business organisation?
Every stakeholder group expects something from a business organisation. Which of the following are the two expectations of suppliers?
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Employees | i | Regular orders for supply |
| (b) | Government | ii | Protection of trade union rights |
| (c) | Society | iii | Protection of environment from pollution |
| (d) | Suppliers | iv | Avoid corrupting public servants |
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Owners | i | May make decisions which affect the business |
| (b) | Suppliers | ii | Want product at good prices |
| (c) | Customers | iii | Want business to grow and make profits |
| (d) | Manager | iv | May increase their prices |
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Suppliers | i | Contribution of business to the local economy |
| (b) | Employees | ii | Provide capital |
| (C) | Shareholders | iii | Provide physical and mental efforts |
| (d) | General public | iv | i |
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Suppliers | i | Contribution of business to the local economy |
| (b) | Employees | ii | Provide capital |
| (c) | Shareholders | iii | Provide physical and mental efforts |
| (d) | General public | iv | Provide raw materials to the firm |
State any two expectations of shareholders from a business concern.
Give any five expectations of employees from a business enterprise.
