Enterprises like that are likely to be engaged in sectors such as trade, short-term construction, and services. Tax holidays are less likely to be benefit of to major capital-intensive projects, which don’t normally make a profit in the first years. This has been the experience of transition countries that have introduced tax holidays. Most of the beneficiaries of the tax holidays are small firms, restaurants, real estate businesses, and firms designed for short-term market exploitation, like woodcutting and trade. The tax holidays are open-ended in that their value depends upon the amount of profit earned.
It can be caused by the tax flow is out of tax responsibility which is used to gain a personal benefit. Corruption may lead to the adverse budgetary consequences. Besides, corruption also leads to a lower quality of public infrastructure and service. Because it is possible that most of the corruptors use the cheap materials which is not standard and gain the remain of the contract money to become a personal
Navajo Nation has decided to apply an indirect tax of a 2% on the price of junk food, an inelastic product. Junk food is a demerit good with negative externalities and therefore the government wants to decrease the quantity demanded. In this case the tax applied is an Ad Valorem tax as it is a percentage of the price. Introduction to the theory: An indirect tax changes the structure of a market provoking an increase in prices and a decrease in the quantity demanded and supplied. However the effect of the tax varies depending on the price elasticity of demand.
This will be a great challenge for Walmart, as laying off could lead to some social issues such as unemployment, and training for those remaining employees, would mean time and money to be sacrificed. Technology could even reduce Walmart’s profit margin. As network allows people to find all the product information, searching for the best price become rather simple. Technology could lower the competitors’ price; thus, price war between retailers are more intense now. This leads to further reduction in the retail industry’s profit.
This is an after work event so there is also an issue of driving home intoxicated. As the company matures and new employees are hired they may have dissimilar opinions on the establishment’s social practices. The systems affected will be Quantum Software, employees and the atmosphere within the place of work. I feel the assurance and drive of Quantum will be greatly affected. The business will also be affected; employees will become less productive, which in turn would make the business less effective and less profitable.
Apparel is a cyclical industry that is dependent upon the overall level of consumer spending. Its wholesale customers anticipate and respond to adverse changes in economic conditions and uncertainty by reducing inventories and canceling orders. Its brand-dedicated stores are also affected by these conditions which may lead to a decline in consumer traffic to, and spending in, these stores. As a result, factors that diminish consumer spending and confidence in any of the markets in which we compete, particularly deterioration in general economic conditions, volatility in investment returns, high levels and fear of unemployment, increases in energy costs or interest rates, housing market downturns, fear about and impact of pandemic illness, and other factors such as acts of war, acts of nature or terrorist or political events that impact consumer confidence, could reduce our sales and adversely affect our business and financial condition through their impact on our wholesale customers as well as its direct impact on us. The global financial economic downturn that has characterized the past several years has impacted consumer confidence and spending negatively in many markets in which it sells its products.
(3,5) Figure 1: Trends in income inequality across other OECD countries; Source: Channel News Asia, 2012 The problem was intensified due to Singapore’s sudden shift from a manufacture-oriented economy to a service-oriented economy. In the 1960s and 70s, Singapore’s industrialisation strategy emphasized on labour intensive manufacturing for the export market given Singapore’s small size of domestic market, hence shifting to an open export-oriented manufacturing house. This was when
The first problem was when Indonesia economic affected when oil prices fell, which cause them to introduce deregulation policy in order to restore back what they had lost and this policy brought positive impacts on the Indonesia’s economic by mid-1990s. Although this policy focus on economic matters, but it creates a different impacts on urban and rural development. This will happen if they only concentrate on economic development and did not focus on social and politic issue. Inefficient government also makes the policies worst as they only know to introduce the law, but they did not able to run it
In developing countries, including Indonesia, the main source of solid waste from non-household waste coming from, commercial establishments, markets, institutions, street cleaning, hospitals, and manufacturing businesses (Gatot, 2000). Growth in consumption caused by the rapid growth of these factors is directly
In 1970s, Jakarta is the only one of the biggest city in Indonesia, which Governor Ali Sadikin (1966-1977) had succeed to change that nation’s capital becoming metropolitan and the center of social orientation, culture, politic and government. Jakarta is becoming the place to obtain money and getting work easily. Mahayana estimated there are more than 80%, the urban came into Jakarta to find a job. Half of them are educated people and the other is unwell educated. Hence, sociologically mudik was tradition derived from middle lower class, which on one hand they’re still have bonding with their home once another was reluctant to stay in Jakarta.