Introduction The success of any business around the world depends on a wide-range of factors, some of which may be from the internal or external business environment. For this reason, business owners and managers have no option but to try and understand the underlying factors, which are essential in defining the progress and future performance of the business. From the manner in which a firm treats its customers, to its relationship with internal stakeholders, it is necessary to underscore how various factors are generally intertwined in any business market (Steurer 49). The question we ought to ask is the need for establishing a relationship with the government when running a business. This essay discusses business-government relationship, with a major focus of different aspects on issues that have been witnessed in the changing business environment. The analysis will give a synthesis of the discussion, covering the benefits and costs of having a business-government relationship. Importantly, the paper will cover the future trends, with regard to how governments and businesses relate in advancing their objectives in the society. The information to be used in developing these ideas will be drawn from class notes, books, journals and other authentic publications, which cover the topic of discussion. Business-Government relationship The manner in which governments relate with the business world has remained debatable for several years, presenting two sides of a coin in which debaters view the advantages and demerits of enhancing such relationships in any setup. This is based on the fact that governments have authority on individuals and organizations, with the mandate of instituting legal regulations in the country, when necessary (Steurer 49). In other words, a business could be limited to implement certain strategies as a result of legal policies crafted by the government. As a result, it can be clearly seen that business and governments are never disjoint; they always connect in a host of ways, which will be covered in this essay. In discussing government-business relations, it is worth noting that the topic has become more relevant across the global sphere, and a major factor in the drafting and implementation of business policies. This is attributed to the fast-changing business world, breeding new challenges and opportunities for governments, entrepreneurs, and prospective investors around the world (Jonson, Lindorff, and McGuire 259). In this context, it is equally important to note that the need for the business world to develop relationships with different governments may vary from country to country, depending on development status. With developed economies, businesses get concerned during hard-economic seasons, like a financial crisis, where the government is expected to step-up intervention policies and strategies to salvage businesses. Such efforts have been witnessed throughout history, with recent ones being bailouts and loans for the Euro Zone economy, which has had significant impact in almost every country around the world. As a result, developed, developing and transition countries may view the need for government-business relationship from different perspectives, based on their varying levels of development. Most developed countries are generally interested in market trends worldwide, rather than what could be