1. THE RELATIONSHIP BETWEEN GOVERNMENT AND BUSINESS

2. GOVERNMENT AND BUSINESS
According to DIMOCK ” The two most powerful institutions in society today are business and government, where they meet on common ground amicably or otherwise together they determine the public policy both foreign and domestic for a nation”

3. RESPONSIBILITIES OF BUSINESS TOWARDS GOVERNMENT
Regular payment of taxes
Providing feedback information
Carrying out government contracts as per specifications and standards
Providing service to the government

4. RESPONSIBILITIES OF BUSINESS TOWARDS GOVERNMENT(contd)
Voluntary programmes
Sponsoring social welfare programmes
Environmental preservatio
Cultural growth
Promoting education
Population control measures
Assistance in situations of natural calamities

5. RESPONSIBILITIES OF BUSINESS TOWARDS GOVERNMENT(contd)
Corporate contributions to political parties:
Making monetary contributions to political particularly at the time of elections
To contest elections as independents or on party tickets
Lobbying ( behaviour after the elections and is concerned with securing legislation in favour of business

6. RESPONSIBILITIES OF GOVERNMENT TOWARDS BUSINESS
To provide a proper and strong judicial system for the settlement of disputes
Provision of a peaceful environment
Provision of an efficient system of money and credit
Balanced development and growth
Provision of a basic infrastructure
Provision of required information
To assist small scale industries

7. RESPONSIBILITIES OF GOVERNMENT TOWARDS BUSINESS(contd)
Transfer of technology
Competition with private sector
Licensing and inspections
Protection from foreign competition