ENTREPRENEURIAL OPPORTUNITIES
IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is the primary reason for governments to regulate business activities?
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To encourage businesses to expand their operations
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To limit the level of competition in the marketplace
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To protect the well-being of individuals and businesses
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To change international trade initiatives
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Explanation:
Detailed explanation-1: -The regulatory functions of the Government include: (i) Restraints on private activities. (ii) Control of monopoly and big business. (iii) Development of public enterprises as an alternative to private enterprises to ensure competitive dualism.
Detailed explanation-2: -What Is the Role of Public Policies In Business? The public policy of the three spheres of government – executive, judiciary, and legislature – has direct and indirect impacts on business by creating an environment wherein the companies do business within the country and across the globe.
There is 1 question to complete.