Government regulation on business management in Nigeria 12+

📗 Project Report from the year 2017 in the subject Politics - International Politics - Region: Africa, , course: Public Administration, language: English, abstract: There are various aims behind the course of this study. The first objective is to highlight the reasons for government regulation on business management in Nigeria. Then, the study examines the role of government regulation in the development of business management in Nigeria and it analyzes the strategies used by government in regulating business management in Nigeria. The last objective is to examine the effects of government regulation on business management in Nigeria.A government formulates many rules and regulations that guide businesses. Businesses will normally change the way they operate according to the influence these rules and regulations have on the competitiveness and profitability of businesses. Business owners must comply with the regulations established by Federal, State and Local Government. Small business is facing many challenges nowadays, none of which are more forbidding than a burden. Federal government regulations and mandates threaten investment and stifle job growths. When the government imposes regulations on small businesses that drive up the cost of doing business, it's like imposing a tax. A tax is a compulsory contribution to the state revenue which the government determines according to the workers' income and business profit and which is also added to the cost of some goods, ...