Government and business institutions in a country in many ways are interrelated and interdependent on each other. In today’s global economy, its businessmen and entrepreneurs are the driving forces of the economy. In planned economy or even in market economy government holds control of shaping the business activates of a country. For maintaining a steady and upward economic growth The Government must try to make the environment for business organizations suitable. And the organizations must follow the laws of governments’ to run the businesses smoothly and making sure there is a level playing field. The main goal of businesses is to make profit and governments’ goal is to ensure economic stability and growth. Both of them are different but very co-dependent. For this the government and organizations or businesses always tries to influence and persuade each other in many ways for various matters. A balanced relationship between the government and businesses is required for the welfare of the economy and the nation.
Let’s see how government and business organizations try to influence each other. How Business Organizations Influences the Government
Organizations try to force the government to act in ways that benefits the business activities. Of Course for that an organization must go through in a legitimate way. But sometimes we see that organizations try to go over the line. Any ways, these are the common methods that business organizations us to influence government policies. Personal Conducts and Lobbying
The corporate executives and political leaders and government officials are in the same social class. This creates a personal relationship between both parties. Also organizations formally forms group to present its issues to government bodies.
Forming Trade Unions And Chamber Of Commerce
Trade unions and chamber of commerce are associations of business organizations with common interest. They work to find the common issues of organizations and...
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