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Describe The Roles Of Government In The Present Business Environment
Part one of term paper
In the present business environment governments have the power to change
and make laws, having a major role and influence on the business environment.
There are three levels of government; federal, state and local.
The federal government has power over such areas as; company law, income
tax, trade etc. State government has power over polluti ...
Part two of term paper ... environment, encouraging or forcing businesses to comply. The federal
government has the greatest effect over the macroeconomic business environment
through the making of policies. The government has a number of economic
objectives. They aim to have consistent economic growth, low rates of inflation,
a sound international trading situation and low unemployment. To meet these
objectives the government must place policies such as fiscal, monetary, trade
and income policies.
Fiscal policy is ...
Word count: 407 | Approximate pages: 2
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