What role does politics play in businesses?

There are many external environmental factors that can affect your business. It is common for managers to assess each of these factors closely. The aim is always to take better decisions for the firm's progress. Some common factors are political, economic, social and technological (known as PEST analysis). read more

There are many external environmental factors that can affect your business. It is common for managers to assess each of these factors closely. The aim is always to take better decisions for the firm’s progress. read more

Quick Answer. The government plays the role of promoting economic growth and stability of a country. It does this by providing legal and policy frameworks, a stable environment for business activities, supporting businesses and investing in manpower and infrastructure. read more

4 [Promoting Small Business] | Role of Government in Promoting Small Business President Coolidge once said the chief business of the American people is business. Indeed, the private sector is the country's chief economic force, but it needs government regulation. read more