Explain the Importance of good governance in the lives of the people
Answers
Answer:
Explanation:
In order to consider the importance of good governance we must first define the word ‘governance’ itself. The Cambridge Dictionary refers to it as ‘the way that organisations or countries are managed at the highest level, and the systems for doing this’.
Governance concerns "big" questions of a "constitutional" nature that establish the rules of political conduct. Governance involves creative intervention by political actors to change structures that inhibit the expression of human potential.
An organisation with good governance can isolate these, reducing impact on the market and very often containing the risk internally. Financial sustainability — good governance reduces the threat of safety, legal, performance and warranty concerns that can severely impact an organisation and its stakeholders/interested parties.
those in civil society. Governance refers to a process whereby elements in society wield power, authority and influence and enact policies and decisions concerning public life and social upliftment." "Governance", therefore, not only encompasses but transcends the collective