Question

Explain the expectations of government from a business enterprise.

Answer 1

An ideal Government should expect:

1. to follow the laws and regulations of the country
2. to pay all taxes honestly, regularly and on time
3. to avoid corrupting public servants
4. to make proper use of the 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.