elements within to role of government in international business has influenced the positive developments discussed by Satterlee. Many other sources coincide with Kumar’s discussion of government intervention. Businesstopia also concurs that government intervention poses more positives then negatives. Exploitation of environment by industries is one of the pressing problems of modern world. It is impossible to stop environment unfriendly activities of industries in a laissez faire economic model. However, if government intervenes in economy, such deeds can be controlled and environmental pollution can be abolished. This way, a major market failure can be eliminated with the help of intervention of government (Businesstopia, 2018).
INTERNATIONAL BUSINESS McGann 5 References Kumar, V. (2018). What is the role of Government in International Business Facilitation? International Relations EDU. What is International Business. Retrieved from eNotes. (2012). Why does the government intervene in business activities. Retrieved from - 350017. Accessed 18 Sep. 2018. Poynter, T. A. (1986). Managing Government Intervention: A Strategy for Defending the Subsidiary. Columbia Journal Of World Business, 21(4), 55-65.