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Marketing - Safety Provision - Essay Example

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Marketing - Safety Provision

In an argument by Tuck (2005) safety business environments contain the best business ventures and successful businesses. With a safe operational environment, entrepreneurs have the confidence to venture in businesses and investors have the courage since they are assured of safety. Safety in the neighborhood or a business environment falls under the category of quasi-public goods. Safety is a natural occurring good which are essential in the environment. It has unlimited demand since it is intangible and the supply depends on a body and can be influenced. However, its demand rate can rise if the neighborhood is a constant den of any form of safety breaching factor. With increasing demand, it can be easily raised to suit all consumers. Apart from government action, market provisions also promote safety measures. However, neighborhoods with safety promotion tools from market provision are usually exposed to any form of loss (Besley, 2006). This paper will look at safety as both a collective good and also a quasi-public good. Additionally, it will differentiate safety from governments and safety from market provision. ...
Population as a factor affects the supply of demand in terms of productivity and size. A high productivity population usually demands high safety initiatives and vice versa. A large population also needs more safety attention than a population with a small size of occupants. In the demand of safety there is non-rivalry till to a point of the above situations (Tuck, 2008). It is usually important for any person to investigate safety provision bodies. The two major stakeholders in the provision of safety are the government and the market itself. However, the government’s participation is the most significant. With all its arms in legality and operation levies, the government significance is easily to detect in a business environment (Argyle, 2001). To determine if the government is providing safety business operations, one has to look on taxes rates and legal requirements for operating a business. In a safe business environment controlled by the environment, the body should regulate taxation depending on the size of the business. If this is detected in a market, it is proof that the government is involved in the provision of safety. Another government initiative for provision of safety is the fact that everyone should be given the needed emergency attention regardless their position and financial stability (Mueller, 2003). Safety emergency services for every individual can only be provided by the government. This characterizes an environment with safety provision by the government. From the above scenarios the scope of the government’s involvement in provision of safety is confirmed. The above scenarios also help people to determine the body responsible for provision of safety in their neighborhood. With the government ...Show more

Summary

Safety provision Name Institution affiliation Tutor Date Safety provision Governments play major roles in the promotion of enterprises. The government is usually categorized as an external factor that influences business activities. Ranging from legality, taxation and safety the governments has the power to create good business environment and as well destroy a business environment…
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