SUBJECT: STRATEGIC MANAGEMENT DIRECTIONS: Answer the following questions below QUESTION 3.1: 1. Why there is a need for the government to regulate business activities? Explain your answer. 2. How responsible is the government in bringing about a robust economy? What is the extent of his responsibility? 3. Why is infrastructure important to the economy of a nation? 4. How should government regulate monopolistic and oligopolistic business entities? 5. How can the government stimulate an otherwise stagnating economy? Give examples. QUESTION 3.2: 1. Can u say that the Filipino culture is uniquely Filipino? Why? 2. The Filipino’s spirit of hospitality is expressed through the celebration of town fiestas. Is this a good Filipino trait? 3. When is bayanihan a good Filipino characteristics? 4. Is emphasis on close family ties always a positive trait? 5. Why is mañana habit a bad Filipino practice? 6. When does kanya-kanya become detrimental to our growth as a nation? 7. Is being highly politicized a good or bad trait? Explain your answer. 8. How does culture affect the conduct of business activities in the Philippines?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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SUBJECT: STRATEGIC MANAGEMENT DIRECTIONS: Answer the following questions below QUESTION 3.1: 1. Why there is a need for the government to regulate business activities? Explain your answer. 2. How responsible is the government in bringing about a robust economy? What is the extent of his responsibility? 3. Why is infrastructure important to the economy of a nation? 4. How should government regulate monopolistic and oligopolistic business entities? 5. How can the government stimulate an otherwise stagnating economy? Give examples. QUESTION 3.2: 1. Can u say that the Filipino culture is uniquely Filipino? Why? 2. The Filipino’s spirit of hospitality is expressed through the celebration of town fiestas. Is this a good Filipino trait? 3. When is bayanihan a good Filipino characteristics? 4. Is emphasis on close family ties always a positive trait? 5. Why is mañana habit a bad Filipino practice? 6. When does kanya-kanya become detrimental to our growth as a nation? 7. Is being highly politicized a good or bad trait? Explain your answer. 8. How does culture affect the conduct of business activities in the Philippines?
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