Role of government in business environment

Unethical practices can involve how a business treats its customers, but can also carry over into how the company treats its employees. The information problems are too complex for individuals to cope with and, unfortunately, governments, at this point.

But more than that, the dam was going to submerge large areas of rich primeval forests. Many businesses operate within the proper ethical guidelines, without the need for an outside agency to step in.

Planning operation involves a number of steps. Periodical assessment of pollution control programmes in terms of costs and benefits so as to increase the progress with respect to environmental protection. Rationalism, Socialism and Nationalism.

For protecting wild species, wildlife sanctuaries, parks and zoos are created. They consider these devices a non-productive. Executing a plan is more difficult than making it. A few examples are Weight and Measures Act: Unethical practices can involve how a business treats its customers, but can also carry over into how the company treats its employees.

When a vendor fails to honor the guarantee, the purchaser has recourse in the law. In this way the government will help the process of balanced development and thereby remove regional disparities. Providing miners with required equipment is legally compliant, but if say, the oxygen masks are shoddily made or ventilation equipment is not as up-to-date or maintained as it could be, ethically that could be a problem.

Role of Government and the Problems Faced in protecting our environment

Even if they are forced to erect or install these plants, they do not maintain and run them regularly just to save some money. However, the management of environment cannot be successful until and unless everybody takes interest in it.

Policies such as absolute limits on CO2, government funding of alternative-energy systems, and coordinated efforts to purchase and protect biodiversity hotspots around the world will need to be a major component of future government policy.

Above all, these organizations have to always work under great financial constraints. Arranging educational workshops and training materials to share technical information and experience with suppliers, dealers and customers to get them actively involved in pollution control programmes.

The government tries to manage the economy and its business activities through the exercise of planning. Such objectives include growth, justice, eradication of poverty, price stability etc.

Here the role of non-governmental agencies becomes vital. Government ministers can play a critical role in fostering enterprise and innovation.

The role of government in environmental protection

Likewise, when a product causes harm to an individual, the courts may hold the vendor or manufacturer responsible. Many businesses operate within the proper ethical guidelines, without the need for an outside agency to step in. It is engaged in tree plantation, wasteland developmental, soil conservation, nursery raising, spreading environmental awareness, etc.

What he failed to realize is that if someone gets sick, it is extremely difficult to trace the source of the illness, and without government regulation many companies that poison consumers could in fact operate profitably for long periods of time.

Sale of Goods Act: Let us took at these aspects in a little more detail. For example, a business that underpays its customers while showing record profits can find themselves on the wrong side of public opinion.

This agency has contributed substantially to environmental protection in Kerala and the adjoining areas. Legislations for health and Safety at work: A business that is known for dealings that are fair and ethical fare better over the long haul than those who operate using less ethical practices.

They have the advantage of being in direct contact with the masses. They have no source of income and so for most of their activities they have to raise funds on their own.Role of Business in Environmental Protection Since the quality of the environment is important for all of us, we have a collective responsibility to protect it from being spoiled.

Whether it is government, business enterprises, consumers, workers, or other members of society, each one can do something to stop polluting the environment. Government is a very powerful institution which can create a favourable business environment.

We can study its role under the following heads: Role 1. Government: Regulator of Business: The entire regulatory legislations and policies stand covered under this segment. The role of government in business ethics is ideally hands off, but some businesses have made governmental intervention a necessity.

Operating an ehtical business and making a profit it possible. Jun 30,  · Thus, it is the government's role to regulate industry and thereby protect the public from environmental externalities.

Whether the government is effective.

Role of Business in Environmental Protection

In the present business environment governments have the power to change and make laws, having a major role and influence on the business environment. There are.

Business Studies -Describe the roles of government in the. In the present business environment. governments have the power to change and make laws, having a major role. and influence on the business environment.

There are three levels of. government; federal, state /5(10).

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Role of government in business environment
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