Should Government assist business Essay Example | Topics and Well Written Essays - 1500 words

Should Government attention business - Essay Exampleup duty schemes and other import restrictions assists in foreign operations provides for a postal system conducts and encourages research and knowledge pays out vast sums for goods, services, and transfer payments and helps in maintaining a sound banking system (Isaacs & Slesinger, 1964, p. 10).Therefore, the purpose of this essay is to clean up the benefits of this assistance provided by the US government to business on economy and also about the sum it implies on the government and its policies and then come to a point to decide as to should government assist small businesses in their effort to be a sectionalisation of internationalization by entering into exportation market.Encouraging exports is a primary concern of most governments. In the United States, the Department of Commerce has some programs devoted to the development and nurturing of beginning exporters. Substantial resources are devoted to export promotion progra ms designed to amplify the propensity of small companies to export.However, while useful politically throwing monetary resources at a problem tummy be very wasteful. In the era of government budgetary problems and fiscal frugality, program accountability is part of every politician and administrators agenda. In the export promotions sector, the need to spend money wisely has emerged as a key concern.Government assistance refers to the policies that a government puts forth to help the exporter conduct international business. Studies stick shown that governments quarter either help or hinder the export process. Typically, they help by providing information, sale leads, measure incentives, insurance, and financing programs. Czinkota and Ricks (1981) and Reid (1984) found that government assistance could stimulate export activity by providing relevant information. Governments can also hinder export decisions via their foreign exchange rate policy. Bauerschmidt, Sullivan, and Gilles pie (1985) found that a high U.S. sawhorse relative to foreign currency