Political-Knowing The Country's Politics

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Political- Knowing the country 's politics means knowing one 's rules and regulations in the country as well as its standing. Now for some examples: If a government is running under good governance, foreign investment will be good and businesses will be good. If the government runs under bad governance, both local and foreign businesses suffer and investments will drop low. Talk about why the Philippines is still more preferable for business than countries like North Korea. If taxes are too tight, businesses can become cumbersome. In the Philippines were there are areas of good political handling vs. bad ones like in how the government renders services, it would determine which area they would want to be. Foreign investors who go to the …show more content…

Talk about how the Philippine government for instance during inflation becomes a discouragement for business. The gross domestic product can also dictate it. For example, China with high GDP and with the Philippines during high GDP days would be good for investment. However a low GDP is very bad because it means business isn 't booming. Interest rates would also matter. If the country has a very high interest rate, there would be no borrowing. In the case of lower interest rates, borrowing is encouraged however if it is too low, it 's also a red signal because the country 's funds can end up being kissed goodbye. Exchange rates would also matter. For example the Philippine peso to US dollar would matter in this way- if the prices of dollars go up, Americans would invest in the Philippines because their money can do more investments. Or in the case of smaller exchange rates, it can mean getting cheaper labor but is also a ground for exploitation. The status of either being developed, developing and underdeveloped becomes an issue. While the Philippines as developing economy is certainly good for electronics market, however a country with a bad economy is where those gadget wizards would avoid as much as …show more content…

There is the policy of treating the customer right, that every consumer (the end user) has their safety concerned. B.Z. in Santa Claus the Movie (played by John Lithglow) wasn 't paying attention to consumer laws with his shoddy manufacturing like his flammable doll or the teddy bear filled with dangerous stuff (sawdust, broken glass and nails to be precise). This is done to protect the welfare of the customer. Antitrust laws or competition laws. Clearly competition is a reality we must face. However to do something unethical to your competitor like steal their secret formula and seeking to monopolize the industry by various means like destroying the competitor in a ruthless manner (ex. frame them up so they get out of the way). All these are violations. Because without competition in business, I doubt it that the economy will turn around. Health and safety laws must be adhered. So I 'm done with B.Z. now for another example. Spongebob 's colored patties were obviously a violation of health and safety laws as he sold those food items without considering the ill consequences that it did to the consumers. Mr. Krabs also wasn 't paying attention to that when he refuses to use new supply of water to wash the dishes or trying to sell a rotten patty which could kill customers out of his

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