Question

Explain the functions of government in promoting business

Answer 1

Answer:

The Government plays an important role in promoting business operations.

The promotional role encompasses government efforts to provide adequate infrastructure and an environment conducive for busines.

Provide trade incentives for promoting foreign trade. Match and control money supply with development requirements.

Answer 2

Explanation:

Some of the major functions performed by the government in promoting business operations are as follows: Maintenance of public utilities. Promote private and foreign investment. Provide trade incentives for promoting foreign trade.