Top 10 Responsibilities of Government towards Business

As the business has to fulfill some responsibilities toward the government, similarly the government has to fulfill several responsibilities towards the business. In particular, the responsibilities of the government towards business can be described as follows: 1. Enacting and Enforcing Laws It is a prime responsibility of every Government for enacting and enforcing laws. All … Read more

Barriers to Business

No business is instantaneously successful. The factors influencing business may become barriers to them. It can also create opportunitiesĀ for other firms. Those factors are discussed as follows: 1. Business Environment The business Environment is also a barrier to business. Every business needs to be sensitive to the forces around them whether they are economic, ethical, … Read more

Strategic Decisions, Characteristics of Strategic Decisions

Strategic Decisions, who makes them?   Strategic decisions are made by the top-level management. With the help of these strategies, operational decisions are made by the manager at the lower levels. They aim at achieving organizational objectives and goals significantly. Strategic decisions are guided by organizational available resources, policies, long-term objectives, and the competitiveness of … Read more