MGT100H1 Lecture 12: Business and Governments
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Differences between federal, provincial and municipal government. If you are a military producer, you may be completely dependent upon the government. Even a small business can be a supplier to a government. Less competition > less incentive to keep prices competitive and maintain high quality. Government is involved in maintaining the roads, maintaining the government, it is more efficient for government to be more involved in this rather than the alternative - privatization. Good environment > encourages people to live there > more consumers & happier employees. Government tends to have a lot of red tapes - not only trying to help consumers, but also business (tax-payer) Young workers committee - unemployment is very high in oshawa. Government may completely build a resort or partially contribute to building a resort to encourage employment in tourism-dependent areas. Company"s decision to close that plant is strategic.
