Government Revenue, Taxation, and Fiscal Policy
Government revenue (taxation) and spending policy designed to achieve lower unemployment, low or no inflation, and sustained but controllable economic growth. Tools to achieve these goals:
- Government Spending
- Current Expenditure: repeated spending on things which are used up quickly (e.g. wages)
- Capital Expenditure: spending on assets that will last a long time (e.g. infrastructure)
- Transfer Payment: money transferred according to a need. Government gets no goods or services in return (e.g. unemployment
Concept of education
income+unemploy,imporv exter sector;LT:outstanding egrowth, inflows foreign currency +imports; Access interna market:
Imports were financed bc inflows of foreign currency through: Tourism(competitive adv, -salaries-prices+supply) ;Migrant remittances(emigrateeurope);Foreign investment(change compared to Franco, Franco’s government:Internal saving were not enough to finance the industrial growth;
Foreign capital was essential to finance imports;Foreign direct investment for technological
Strategic Business Areas and Management Models in CSR
Organization: Strategic Business Areas (SBA)
SBAs are useful for companies with a wide range of different products operating in various markets. They provide transparency and reduce complexity. SBA’s are cubs with three coordinates which can be applied to different competition strategies.
dimensional search area by Abell for the determination of SBA
1. Target group – WHO: customers to be appealed (e.g. car industry). 2. Needs of the target group – WHAT: which need shall be satisfied by our offer
Read MoreUnderstanding Debt, Superannuation, and Financial Responsibilities
Debt
Debt: A sum of money that is owed or due. Debt is something, usually money, owed by one party to another. Debt is used by many individuals and companies to make large purchases that they could not afford under other circumstances. Unless a debt is forgiven by the lender, it must be paid back, typically with added interest. The most common forms of debt are loans, including mortgages, car loans, and personal loans, as well as credit cards.
Secured Debt
Secured debt requires security. This may be
Read MoreThe Multifaceted World of Public Relations
PR is multifaceted. A public relations professional must have skills in: Written and interpersonal communication, Research, Negotiation, Creativity, Logistics, Facilitation and Problem solving.
Public relations is the management function that identifies, establishes and maintains mutually beneficial relationships between an organization and the various publics on whom its success or failure depends.
Key Terms
Key Terms: Deliberate, Planned, Performance, Public interest, Two-way communication, Strategic
Read MorePartnership vs. Limited Company: Key Differences and Business Structures
Unless a partnership agreement explicitly dictates otherwise, partners are jointly responsible for all losses and profits in the business, and both pay taxes on their share of profits.