Ans. Government is
considered as the main part of every business and society because without
governing body no any society or business can run in the right direction and a
proper manner because people or employee has no fear, they can never be honest
with their duties or people. Government is a group of people who run all the sector
of society or business properly and set some rules and regulations for all the
people for completing their tasks. Without government no, society or business
can run. So the government is considering a major part of the business because
every person who is living in society or work in an organisation, the government
is responsible for them (Gregorio D'Agostino).
Government has to take
all the responsibilities of their people, and he must provide all the
facilities to its people. Government is performing the different role at the
same time as it is an external factor, sometimes it is going to be internal
factors and some time is work as a stakeholder who keeps complete check and
balance of the internal affairs of the organisation and wants to get all the
report about tasks and events. Internal factor means that business is set on
such terms and conditions that are set by the government and business has to
agree with the rules and regulation of the government that they set for
production or any business. It means the basis is ever business explain by the
government and without its permission and agreement, no business can run in the
society.
Then the government is
also playing a role of external factors as it affects the economy of the
country and set certain rules and regulations at the national and international
level that affect the distribution of the business and also should be managed
with the business rules and its working criteria. Then the government is also performing
as stakeholder which means that as government set some rules and limitations
for every business and society so government also want required results and
keep proper check and balance on the transactions and functions of the business
to check that whether business follow its rules or not and provide the required
benefit to the society or not. So it can be said that government is performing
many types of functions at the same time and also meet all its responsibilities
in all roles because every role has its own responsibilities and for business
and society the role of government is considered very important. Government is
the blood of every organization and society and without government, no business
can run its activities or perform any task (Thai.).
References of Is the government an external force, an internal force, a
stakeholder or all of the above?
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