Impact of Government policy on business

[ganibade]

Impact of government policy on business. Government policy has to do with stable business. That is why government impose tax on business owner.

 

[Good-Person]

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.

Yes, the policies related to commerce and business have a big impact and this is can also have a major impact on inflation rate and economical growth of a country. Many countries suffer due to poor economical policies that harm the economy. Policy making is definitely crucial and economists also play a major role.

 

[Smiles20]

The kind of policies that government make and the consistency of these policies go a long way to determine how businesses operate. This iswhy you usually see stocks dwindling during time of elections.

 

[Good-Person]

The government policy will obviously have an effect on the business. Before the pandemic, the government imposed heavy duties on imports and it affected imports badly. Unfortunately, the general public have no control over such policies.

 

[Adecyptii]

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.

Yes you are right and I totally agree with yoy,the government policy is a rule or principal that hopefully better guides decision, they save as the body that guides most of the affairs of business.

 

[Setho]

There are some kinds of policies that might be introduced by the government that does not favour businesses. Is sudden increase in the amount of tax or licensing fees is not going to do any good.

 

[Godspower]

There are some kinds of policies that might be introduced by the government that does not favour businesses. Is sudden increase in the amount of tax or licensing fees is not going to do any good.

Apart from the increase in taxes and import duties, there are other unfavorable policies that do not help promote the economy of a country. The high lending/interest rates is one of them.

 

[Heatman]

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?

Most of the policies set up by my government over here in our country doesn't really feel for small business especially because of the number of taxes that they are forced to pay.

 

[kinqzbitz]

Government policies can either play a positive role or a negative role to any business and so it should be treated well and the government should always try to consider the businesses when they make policies

 

[CeeJase]

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.

Everything depends on the kind of policies that the government are making that are affecting businesses that are operating in the country because if the policies are off positive impact on businesses it will definitely favour them.

 

[Ghost]

Government directly impact businesses. They create conducive environment for business to thrive by creating good policies and also try to build the value of it's currency.

 

[Godspower]

Government directly impact businesses. They create conducive environment for business to thrive by creating good policies and also try to build the value of it's currency.

Your assessment is quite frank and true. Government plays a huge role in businesses both directly and indirectly. They can assist business by providing grants and financial assistance to entrepreneurs, reducing taxes and provide stable electricity.

 

[Psalmseen]

Government policy differs actually. Not all government policies are beneficial to the well doing of a business. One of the policy that can be beneficial to businesses especially infant industries is to prevent importation of some goods

 

[Ghost]

Your assessment is quite frank and true. Government plays a huge role in businesses both directly and indirectly. They can assist business by providing grants and financial assistance to entrepreneurs, reducing taxes and provide stable electricity.

And also security. Businesses doesn't thrive in an insecure environment. Government is one of the important agent that could decide the success of businesses in the country

 

[Godspower]

And also security. Businesses doesn't thrive in an insecure environment. Government is one of the important agent that could decide the success of businesses in the country

You have made a very good point. Unfortunately most aspiring entrepreneurs always overlook the role the government can play in establishment and sustainment of business in a country.

 

[Hrtbeat]

Government policy on business can be positive or negative. The negative part of it is that 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. if government ensure availability of loan with a reasonable interest though the monetary policy of the central bank than investment will go up.

 

[Good-Person]

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.

Government should make policies where they tend to exempt taxes on small businesses. This is because a high rates of taxes affects middle class in a much harsh way. Government should at least try to minimize taxes.

 

[Setho]

There are some government policies that if when implemented can go a long way in harming your business. This is why it is better to invest in environments that are more stable and away from all this kind of political crisis.

 

[Godspower]

Government should make policies where they tend to exempt taxes on small businesses. This is because a high rates of taxes affects middle class in a much harsh way. Government should at least try to minimize taxes.

Sometimes small businesses are usually taxed heavily by the government agencies. The issue of multiple taxation must be addressed in order to ensure that many businesses do not suffer as a result.

 

[Fatima]

The impact of government policy on business is very important and good for business owners. Government need to give out a good and profitable policy to the business owners to benefit from.