Question

What are the main goals of Government-to-Business (G2B) initiatives?

• A. To increase government employment
• B. To reduce bureaucracy, save time, and lower operational costs for businesses
• C. To provide entertainment services to citizens
• D. To improve inter-governmental communication

Answer 1

Answer:

B. To reduce bureaucracy, save time, and lower operational costs for businesses

G2B uses technology to digitize and simplify interactions between the government and the business sector. This includes online platforms for tasks like applying for licenses, permits, and paying taxes. By moving these processes online, G2B aims to:

• Reduce bureaucracy: It eliminates much of the complex paperwork and physical visits traditionally required.

• Save time: Businesses can complete transactions 24/7, without waiting in long queues.

• Lower operational costs: The time and money saved on administrative tasks can be redirected toward core business activities.

This approach creates a more efficient and business-friendly environment, which can stimulate economic growth.