Ikea Case Study

In: Business and Management

Submitted By sharif79
Words 260
Pages 2
Challenges of business-government relationship in an emerging economy.

There are challenges of business and government in every level of economy. Either is a developing economy or a developed economy, everywhere one would have to face business-government challenges. As like other level of economy emerging economy have some business-government challenges as well. * A centrally planned government system seems unlikely to provide resources in an emerging economy. * Lack of environmental and financial resources in business for becoming great competitive market. * In an emerging economy mostly network relationship and business-government ties become effective monopoles in their home market. * Business organizations have to maintain government relations at the national, provincial, and local levels. * Very strong competitive pressure and enforcement of legal influence in the emerging economy. * Rapid change in political and economic situations in emerging economy is a great challenge. * Critical government relations to business effectiveness in emerging economies. * Mostly the public sector and government-controlled enterprises have higher percentage of GDP. * Business organizations have to maintain government relations at the national, provincial, and local levels. * Emerging economy is attractive to international organizations, so less scope for local organizations.

1. http://books.google.com.bd/books?id=rvKiAgAAQBAJ&pg=PA32&lpg=PA32&dq=challenges+of+business-government+of+an+emerging+economy&source=bl&ots=VjduUUkxi9&sig=Lr1ijCaD8Vb1-irfolwBkiB-dIU&hl=en&sa=X&ved=0CC8Q6AEwAmoVChMIxdH6l53eyAIVga6UCh15UAMT#v=onepage&q=challenges%20of%20business-government%20of%20an%20emerging%20economy&f=false 2. http://amj.aom.org/content/43/3/249.short…...

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