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Rheyalhane C.

Tumamao February 3, 2021


BSBA MM 2-A
19-030566

ASSIGNMENT 1

1. WHAT IS GOVERNANCE?
Governance is all about how people are directed and controlled. It is
concerned with the process of decision making and implementation.

2. WHO ARE THE ACTORS OF GOVERNANCE


a. State
They are the group of people that have the authority to
control.
b. Market
The area of economic activity where buyers and sellers meet
in this case they create an opportunities for employment of
people.
c. Civil society
These are group of people that shared common cultures,
tradition, institutions and interest. They are the one who
cooperate and hold the government and the market.

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