GOVERNMENT

REGULATION POLICIES

Group 6
PRESENTED BY:
 OBJECTIVES:

1 Understand the government

regulation and policies

Know the documents we need

2
when we start business

Know why policies and

3
regulations are important
GOVERNMENT REGULATION
POLICIES
-A regulation policy is a restriction placed by a
government to provide a fair and efficient market
for companies and consumers. These restrictions
are created by government agencies created to
oversee various issues in the economy.
-The laws and policies of national and local
government units also influence the business
operations.
 HOW DOES
POLICIES INFLUENCE
BUSINESS?
 HOW DOES
POLICIES INFLUENCE BUSINESS?
The government can amend the fiscal policy,
which provokes changes in taxes, commerce,
subsidies, regulations, interest rates, licensing,
and more. Businesses should be supple enough
to respond to changing rules and policies.
DOCUMENTS
NEEDED
 DOCUMENTS NEEDED

contract
A contract is an agreement that
specifies certain legally enforceable
rights and obligations pertaining to
two or more mutually agreeing
parties.
 DOCUMENTS NEEDED
Business License
Business licenses are permits issued
by government agencies that allow
individuals or companies to conduct
business within the government's
geographical jurisdiction. It is the
authorization to start a business
issued by the local government.
 DOCUMENTS NEEDED

Business Plan
A business plan is a formal written
document containing the goals of a
business, the methods for attaining
those goals, and the time-frame for
the achievement of the goals.
WHY POLICIES AND
REGULATIONS ARE
IMPORTANT?
Policies and regulations are
important as they help clarify
and reinforce the standards
expected of the employee in all
their professional dealings. On
the other hand, they also help
employers manage staff
effectively by defining what is
acceptable and unacceptable in
the workplace.
THANK YOU!!!
ANY
CLARIFICATIONS?