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Question
Explain the expectations of government from a business enterprise.
Explain
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Solution
An ideal Government should expect:
- to follow the laws and regulations of the country.
- to pay all taxes honestly, regularly and on time.
- to avoid corrupting public servants.
- to make proper use of the scarce resources of the nation.
- to assist in solving national problems like poverty, unemployment, unbalanced regional growth, etc.
- to avoid monopoly and concentration of economic power.
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Expectations of Stakeholders
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