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Question
State any two expectations of the Government from a business concern.
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Solution
The expectations of the Government from a business concern are:
- To follow the laws and regulations of the country.
- To pay all taxes honestly, regularly and in time.
- To avoid corrupting public servants.
- To make proper use of 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.
RELATED QUESTIONS
Which one is not a way to manage stakeholder expectations?
Which of the following is not an expectation of competitive competitors?
Which of the following are expectations of employees to the organisations?
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 |
Mention any two expectations of suppliers from a business organisation.
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.
Give any five expectations of employees from a business enterprise.
Give any five expectations of creditors from a business enterprise.
