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What are some common challenges companies face when developing and implementing business policies?
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- How can businesses effectively manage and mitigate risks arising from the business environment, such as economic downturns, regulatory changes, or natural disasters?Is government participation in our business system good or bad?How can we effectively manage risks and uncertainties in the business environment to ensure long-term sustainability and growth?
- How do social responsibility and corporate governance practices impact the reputation and long-term success of businesses in their environments?The Challenges Ahead and describe possible ways in which business and society could help to solve or eliminate the problem in the future.what is a free rider in an economy and how can they be handle both by government and society