Question

Briefly explain the following online means of conducting business:

G2B

Answer 1

1. G2B (Government to Business) refers to electronic transactions between government entities and businesses. Government agencies employ digital technologies and internet platforms to offer services, communicate information, and regulate businesses.
2. G2B interactions help firms comply with government rules, licencing, tax filings, permits, and administrative procedures, ensuring lawful and efficient operations.
3. G2B services include online business registration, tax filing, permit and licence issuance, government procurement possibilities, and regulatory updates from government agencies.
4. G2B platforms aim to simplify bureaucratic processes, minimise administrative constraints, and increase openness and accessibility for businesses working with government entities online.