Is interference of government in business is common in every country?
A) 1960
B) 1970
C) 1980
D) 1990
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Explanation:
the answer is c part : 1980
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The interferance was common in 1960.
- The government tries to influence corporate activities via enacting laws and regulations, both directly and indirectly.
- When a government declares itself to be a rule maker or market regulator, it is required to interfere deeply in transactional disputes.
- These disputes are between market participants, mobilising public or private resources to address the transaction disputes as part of the market governance process.
- In the year 1960, there was a common interference.
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