Final answer:
The key components of a successful business-government relationship include government involvement, regulation and policy-making, and building lasting partnerships.
Explanation:
Key components of a successful business-government relationship include:
- Government as a key player: Governments play a crucial role in policy-making and regulatory decisions that can impact businesses.
- Regulation and Policy Making: Collaboration in creating and implementing regulations and policies that benefit both parties.
- Building Lasting Partnerships: Establishing productive and trusting relationships that ensure continuity and success in endeavors.
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