Question

Answer the following questions.

State responsibilities of business towards government.

Answer 1

Responsibilities of business towards government are:

1. A business enterprise should behave as a responsible citizen; that is, it should work according to the laid rules and regulations.
2. Business organisations should pay taxes on time.
3. A business unit should take measures to address environmental and social problems.
4. It is the responsibility of an organisation to support individuals or parties that are interested in bringing peace to the country; rather than supporting the group or party that creates political disturbances.
5. A business unit should assist the government in formulating policies relating to export and import and should follow them.
6. A business enterprise should extend help to the government at the time of natural calamities.