62 Businesses and government must continually work together

6.2

Businesses and government must continually work together to keep transportation networks secure. How can businesses collaborate with government agencies to create globally secure transportation methods? Elaborate on your answer by providing a current example of this type of government-business collaboration “in the real world,

Solution

Answer:

The business can make contacts with the government for the wat of technologies that are very important for the economic well being of the country. The government can provide them the necessary inputs and then the company can use their own competencies for craeting the infrastructure that is much needed for the development of the country.

These types of collaboration are seen in Indian case as BOT transactions which is also know as built operate and trasfer method. Inder this scheme the private player gets a contract from the government and then build the infrastructure. Then after building it they operate for some time and trassfer it to general public.