Advertisements
Advertisements
Question
Explain the expectations of government from a business enterprise.
Advertisements
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.
APPEARS IN
RELATED QUESTIONS
Mention any two expectations of Employees.
Which of the following are expectations of employees to the organisations?
______ is an expectation of employers.
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) | 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 |
State any two expectations of shareholders from a business concern.
State any two expectations of the general public from a business organisation.
Explain the expectations of internal stakeholders in a commercial organisation.
Explain any five expectations of suppliers from a business organisation.
