The government for a longtime have created conditions for doing business in a country. Governments offer an ample environment for business to compete in the modern day economy. Significantly governments have come in the way of saving the business from collapsing; this is in lieu of balancing the economy and saving an individual from losing their jobs. The government holds power to regulate the entry or exit of any business within its jurisdiction. All business across the globe whether national or international must abide by the national government policies and regulation.
Business and the government relate in a dynamic and complex nature. Getting a clear understanding of this symbiotic relationship can help business leaders to strategize and eventually achieve their organizational goals. The government and businesses seek a collaborative partnership that will propel the growth of the economy and living standards of the society. Governments come in through the creation of a hospitable environment for businesses to operate from, for instance, ease of business registration and licensing of business operations.
Government intervention in the case of a free market and the private sector is usually taken in with mixed agendas. Some business would encourage government intervention, for instance, a market that is monopolized by a large corporation hence hindering market accessibility for smaller businesses. The government comes in to create a fair play environment for all hence allowing a growth intensive business culture. In other situations, government intervention can lead to strenuous and high bureaucratically procedures of conducting operations. Other government regulations and policies hurt businesses operating in certain sectors. The government has the ability to make business operations harder or smoother. This mandate can only be exercised by a ruling government with a national constitution and the legal frameworks of enacting regulatory policies.
Business have the power of controlling the activity of the government. In the case of a leadership that is considered to be taken up either through rigging or coupe, businesses can decide to shut down and close operations in the country. A lack of commodities from industries destroys the economy of the country. This power can only be exercised if the business works in line with the demands of the citizens at heart. Public policy roles of the government in infrastructural development that is; roads, rail, electricity, water and sewerage systems all brought together helps businesses to have a stable ground of conducting their operations and serving the customers better.
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