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If a government owns a business or indeed public utility service, then this business is staffed by civil or public servants and the government ultimately acts as the board of the directors for the business on behalf of the shareholders which are the citizens of the country. Any money made goes into the government coffers and if there is a loss then the tax payer takes the hit.
Politically there are arguments about weather or not governments should own and run businesses and when the political opinion takes a socialist bent, the government may nationalize (buy and take ownership of) private businesses, bringing them into public ownership.
However when political thinking swings the other way, the government sells (by selling shares) its ownership of some businesses to the public and this is called privatization of a business. The money raised goes into the governments coffers and the business and staff are transferred into private sector management.
What else can I help you with?
What does it mean to register your business and why is it important?
Registering your business means officially documenting your business with the government. It is important because it gives your business legal recognition, allows you to operate legally, protects your business name, and enables you to access certain benefits and protections.
Why is government different from business?
Government look after people interest, business look after investors interest.ads4bucks-emc.blogspot.com
What does the term business description mean?
business description mean
What Are The Government Grants And Contributions?
Government grants and contributions within the business marketplace are government funding help to businesses to support specific business and industrial policy objectives.
What does the source of finance mean?
The source of finance refers to the origin or place where money for business comes from. The source could be investors, banks, or government grants.
When a nations economy privatizes it changes from?
Private ownership to public ownership
What does minority business mean to the US government?
Any business NOT owned by US-native born Caucasians.
Does finance mean to save?
No. As a noun it can refer to money that someone or an organisation/business/government has. So a business can have finance. As a verb it can mean to give money to help a business, like making an investment. So someone can finance a business.
What does the term laissex-faire mean?
the government should interfere as little as possible with business
What does pseudo laissez faire mean?
a philosophy of government which opposes governmental activities to regulate business, but encourages governmental support of business activities
Who believed in laissez-faire business practices and what did that mean?
That is a french term meaning hands off government should not interfere with business in general
What dose the term laissez faire mean?
The government should interfere as little as possible with business.
What Does Service Sector Mean?
private sector is an area of business owned not by the government or council but normal people
How could government assist McDonald in the business initiative?
how can the government assist McDonalds in their business initiative how can the government assist McDonalds in their business initiative
What did Warren G. Harding mean by less government in business and more business in government?
Warren G. Harding's phrase "less government in business and more business in government" reflects his belief in reducing government intervention in the economy to promote free enterprise and capitalism. He advocated for a pro-business agenda, emphasizing that businesses should operate with minimal regulatory constraints to drive economic growth. Simultaneously, he suggested that government should adopt more business-like practices to enhance efficiency and effectiveness in its operations. This approach aimed to foster a favorable environment for economic development during his presidency in the 1920s.
What are E Commerce models?
There are seven models of e commerce they are 1) Business to Business (B2B) 2) Business to Consumer(B2C) 3) Consumer to Consumer (C2C) 4) Consumer to business (C2B) 5) Business to government(B2G) 6) Government to citizen ( G2C) 7) Government to Business (G2B)
How does government stability affect a business?
Yes the government can affect the stability of a business
