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What challenges in the business environment necessitate the adoption of e-governance?

  1. The increasing frequency of takeovers and mergers requires e-governance to protect involved parties.
  2. Operating in a global market demands strong corporate governance, which is supported by e-governance.
  3. Weak shareholder associations allow directors to misuse power, highlighting the need for e-governance.
  4. The decline in the number of scams and frauds reduces the need for e-governance.

    Ai, iv

    Bi, ii, iii

    Ciii

    Dii

    Answer:

    B. i, ii, iii

    Read Explanation:

    The modern business landscape presents several challenges that underscore the importance of e-governance. The dynamic nature of markets often leads to frequent takeovers and mergers; e-governance is essential to ensure that the interests of all parties involved are adequately protected during these significant transactions. Moreover, organizations increasingly operate on a global scale. To attract international investors and clients, and to comply with diverse international regulations, robust corporate governance is indispensable. E-governance provides the technological infrastructure to support this. The issue of investor indifference, where shareholders may not actively participate in company affairs, creates a risk of directors exploiting their positions. E-governance helps in establishing transparency and accountability mechanisms to counter such potential abuses. The rise in financial scams and malpractices further accentuates the need for secure and transparent systems, which e-governance provides.

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    Which of the following best describes the evolving role of government in the context of e-governance?

    1. The government is shifting from a controller and ruler to a coordinator and provider of essential services.
    2. The government's primary role is now solely focused on maintaining military strength.
    3. The government is reducing its involvement in providing public services.