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Question
Which of the following are the two expectations of government from a business organisation?
Options
Not to pay all taxes honestly, regularly and in time
To avoid corrupting public servants
To make proper use of scarce resources of the nation
Protection of trade union rights
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Solution
To avoid corrupting public servants and To make proper use of scarce resources of the nation
Explanation:
The government expects businesses to operate ethically, refrain from corrupt practices, and utilize the nation's scarce resources efficiently to promote sustainable development and economic growth.
RELATED QUESTIONS
______ expect the business organization to follow the laws and regulations of the country.
Mention any two expectations of Employees.
Which one is not a way to manage stakeholder expectations?
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 |
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 |
Explain the expectations of internal stakeholders in a commercial organisation.
Explain the expectations of employers and employees as 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.
