Description
After reading the case study attached, you'll answer the following questions:
Describe the nature of government intervention in India. What is the likely effect on business activities? Why has the Indian government hindered the entry of Walmart, Carrefour, and other large retailers into the country? Describe how India's government is attempting to liberalize the nation's regulatory environment. Be sure to examine this week's Critical Thinking Assignment's questions from many different viewpoints.
Your well-written paper should meet the following requirements:
- 4-6 pages in length
- Support your analysis by referencing and citing at least three scholarly sources in addition to embedding course material concepts and principles. The SEU Virtual Library is an excellent place to search for scholarly articles.
- Use Saudi Electronic University academic writing standards and APA style guidelines, citing references as appropriate.
Unformatted Attachment Preview
Explanation & Answer
Attached.
Running head: GOVERNMENT INTERVENTION IN INDIA
Government Intervention in India
Name
Institution
1
GOVERNMENT INTERVENTION IN INDIA
2
Government Intervention in India
Government intervention in business can produce both positive and negative effects on
the nature of trade and economy in any particular country. In any particular country, the federal,
state, and local governments hold powers to regulate business in more than one ways thus
placing the government in control of many aspects of the trade. Regulatory actions direct and
affect decisions taken by individuals and groups thus affecting the way social and economic
issues are conducted in different localities. One part that governments intervene is the exportimport area and the foreign investment. The common reasons for intervention include regulating
product quality, protecting local markets, and even the quality of products flowing in a market.
The nature of government intervention in India includes the regulation of imports and
exports, administrative fees in the form of taxes and licenses, and the control of quality. Form the
case study; it is evident that the government is highly involved in collecting taxes, presenting
business owners with licenses, and imposing regulations on the traders. This is seen at the state
and federal level of licensing. These fees and legislation affect the way business is conducted in
the country and investment decisions. Further, the government is engaged in the regulation of
foreign influence in local markets. This is mainly through the regulation of imports and the
restriction of foreign investors entering the local market. These restrictions also affect the
market.
Moreover, the government intervention in India may affect business activities positively
and nega...
Review
Review
