1.

Explain expectations of the Government from a business organisation.

Answer»

Every Stakeholder group expects something from a business organisation. 

The expectations of Government are as follows : 

1. They expect to follow the laws and regulations of the country. 

2. They expect to pay all taxes honesty, regularly and in time. 

3. They expect to avoid corrupting public servants. 

4. They expect to make proper use of scarce resources. 

5. They expect to assists in solving national problems, like poverty, unemployment, unbalanced regional growth etc. 

6. They expect to avoid monopoly and concentration of economic power.



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