Impact of Government policy on business

[Victakin83]

We all know that business can be affected in so many ways and directions. One of the major things that always change the trend of business is Government policy. Most of the time Government policy don't usually favour business owner but few might be lucky to change the fortune of their life.

What is your experience about the policy set up by Government?

 

[Kamon c4]

Governmental policies has a lot of impacts on business either positively or negatively. For example when a country’s devalue its currency it affects importers in a very bad way cause it minimizes their profit while exporters gains. There’re lots of other government policies that affects business dealings.

 

[Ibrahim]

As for me I never see the impact of government policy on any business because they only care about there self's and pocket alone and also care about there family alone but never care about any businessman because they don't care about any business

 

[Samuel77]

according to my own point of view I see nothing bad with the policy set up by the government but still sometimes they need to give a thought to the wishes of the individual this is because we have a different ideas about their own thoughts

 

[Mahnoor]

Mr. Keynes has proved that government policies have a direct impact on business. For example if government impose more taxes & duties on a particular sector than profit margin of this sector will go down even businessmen can lose their interest to this sector and they can give up this business.

 

[KENDRA2020]

A government policy is a rule or principle that hopefully better guides decisions, resulting in positive outcomes that enhance the community or unit. Government policies contain the reasons things are to be done in a certain way and why. ... Policies are not laws, but they can lead to laws.

 

[Kehinde]

Government policy can influence interest rates, a rise in which increases the cost of borrowing in the business community. Higher rates also lead to decreased consumer spending. Lower interest rates attract investment as businesses increase production.

Post automatically merged: Feb 14, 2021

Government policy can influence interest rates, a rise in which increases the cost of borrowing in the business community. Higher rates also lead to decreased consumer spending. Lower interest rates attract investment as businesses increase production.

 

[kayode10]

We all know that business can be affected in so many ways and directions. One of the major things that always change the trend of business is Government policy. Most of the time Government policy don't usually favour business owner but few might be lucky to change the fortune of their life.

What is your experience about the policy set up by Government?

Government policies please a major role at the survivor of the businesses at a particular country. No matter how smart the enterpreneur maybe, if the government's policy does not favour the business at a particular country, there is no way such an entrepreneur will make it. Government policy is what drives business growth in most of the advanced countries.

 

[Dubai]

Government policies are meant to aid the growth of any business by providing an adequate environment and favorable laws that business owners could use with ease. However, government polices have not been friendly of late. They tend to make harsh laws that negatively affect business. And example of such is heavy taxes that are required to be paid occasionally by these companies.

 

[Olubayo12]

We all know that business can be affected in so many ways and directions. One of the major things that always change the trend of business is Government policy. Most of the time Government policy don't usually favour business owner but few might be lucky to change the fortune of their life.

What is your experience about the policy set up by Government?

Government policy really affects any business that you have chosen as the companies in a state are all subjected to the law of the state where the company is located. So one has to make sure that the business to engage in goes along with the government policies.

 

[Thosynho]

We all know that business can be affected in so many ways and directions. One of the major things that always change the trend of business is Government policy. Most of the time Government policy don't usually favour business owner but few might be lucky to change the fortune of their life.

What is your experience about the policy set up by Government?

The impact of government policies on businesses cannot be overemphasize in the sense that government policies can either create a favourable atmosphere for business to thrive or create a very hostile environment against the business.

 

[Jumoke12]

We all know that business can be affected in so many ways and directions. One of the major things that always change the trend of business is Government policy. Most of the time Government policy don't usually favour business owner but few might be lucky to change the fortune of their life.

What is your experience about the policy set up by Government?

Government policies play a major role in the way a business operates because every companies is mandated to obey the constituted authority of any places where it is located. If the policies are favourable, the company will enjoy a smooth ride.

 

[Psalmsavatar]

Government policy really affects any business that you have chosen as the companies in a state are all subjected to the law of the state where the company is located. So one has to make sure that the business to engage in goes along with the government policies

 

[Donolatunji]

Government policies have been shown to have a direct effect on companies. For instance, if government imposes more taxes and duties on a specific sector than this sector's profit margin, even businessmen will lose their interest in this sector and can give up this business.

 

[adeniji]

Government have to put their policy in individual business or international business be government policy in a business will make any one that want to set 419 business to collect people's money to face lows of government policy in a business.

 

[Folaham]

Government policies are good for business and in some instances they hinder growth of some business. Some government policy kill some businesses complete while others benefits from same policies.
Nigerian government policy to domesticate the production of cement killed the likes of Burham cement and favoured the cement giant Dangote group who move swiftly to take advantage of the policy. Bua cement came much later and they are doing fine. All cement bagging terminals at our port terminals in Lagos and port Harcourt were all dead and lots of jobs were lost

 

[Diddi01]

Government policies are supposed to make things better for the employer, the employees and the customers. But most of the times, the policies tend to make things worse and seem to be insensitive and unfair towards everyone except the government.

 

[Esther]

Government policy can influence interest rates, a rise in which increases the cost of borrowing in the business community. Higher rates also lead to decreased consumer spending. Lower interest rates attract investment as businesses increase production.Businesses do not thrive when there is a high level of inflation.

 

[Judee201]

Government Policy & Regulation A changing regulatory environment is always of concern in certain industries, but uncertain energy, environmental and financial policy is complicating the decision making for nearly all companies today. It’s true that things seem to have settled down over the past couple of years, but have they really? We find that they haven’t; it’s simply that dealing with an unknown regulatory environment is fast becoming the new normal and companies are deciding to get on with it—whatever “it” may be—despite the angst. Whether a demand from customers or shareholders to become more “green,” the threat of increased costs due to new carbon taxes, constant talk of changes to corporate tax rates, or the impending healthcare mandate for businesses in the US (postponed until 2015), much is unsettled. The problems to be solved are to understand the meaning of regulation and government policy in your industry, its implications for your business, and to develop the skills necessary to deal with it.

 

[Jimmie150]

In some countries government policies on business plays a positive role in the growth of those businesses while some has really taken a negative toe on bysiness. I urge government from sectors to looking into this policies.

Post automatically merged: Feb 14, 2021

In some countries government policies on business plays a positive role in the growth of those businesses while some has really taken a negative toe on bysiness. I urge government from sectors to looking into this policies.