The Comprehensive Compilation of Learning

Business Government and Public Relation

The Business Government and Public Relation is very interesting subject and

I have learned a lot in this course and have grown as an educator. In this subject

I’ve learned how government and the business interact and how businesses try to

influence government and the types of responses by businesses to their legal,

social, and political environment. There are different general ways that businesses

view and act on their relationship with government. We all know that government

is a very powerful institution which can create a favourable business environment.

Businesses are creations of government. Government taxes businesses to reflect

businesses’ use of public services and to collect revenue to fund government

operations. Businesses that do not understand the political and public policy

contexts that they operate in and are not strategic in their interactions with

government are at a competitive disadvantage. Government impacts the

market economy through not only laws that govern the private market system but

also specific policies, regulations, court decisions, taxes, and government

spending. Another business perspective on government is that government

should favour businesses and incentivize business performance and investment

because businesses are the main source of jobs, innovation, and societal

economic well-being, and therefore government should support businesses with

grants, tax credits, and subsidies. Governments also focused on policies to reduce
energy use and business activities that damage the environment. These policies

include targets for use of renewable energy, programs to enhance energy

efficiency, and regulations to reduce environmental damage. These all can

provide expanded markets and business opportunities for sustainable businesses

and can impose additional costs on other businesses and reduce the market

demand for some businesses that are not providing sustainable goods or services.

There are business “winners” and “losers” on different public policy issues. On the

same policy issue, there will be businesses in favour and against the policy.

I had a good experience and knowledge about government and business

relation through this course.

Prepared by:

Kim Arrianne A. Cunanan

MBA 2C
 Professor and Subject Evaluation

Business Government and Public Relation

I really enjoyed the course content, and the professor is very passionate

about what he teaches. He gets us involved in discussion. I enjoyed the

knowledge I received from this class. I learned a lot of necessary information

about the topic. There was a lot of information and I will definitely have to review

it and continue refreshing myself on the information. The wide variety of topics

and discussion helped me learn more about how government and business

interact. I enjoyed the course greatly. The professor did a great job of asking for

student interaction and involvement.