BU111 Lecture Notes - Lecture 8: Broadcast License, Environment And Climate Change Canada, Office Supplies
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How government influences business: customer buys products & services. Political factors: office supplies, uniforms, vehicles buildings, etc, very important buyer, some people find deals with the government are difficult and lengthy, some companies enjoy the government as a buyer. May be a steadier customer: competitor canada post, cbc, crown corporations , may compete with your business. If you"re fedex, canada post is a competitor: regulator/law marker, taxation agent, collected by all three levels of government, types business, personal, approaches progressive, regressive, restrictive. Progressive -> higher levels of income = higher tax rates: ex. First 000 -> 15 %, next 000 -> 20%, etc. Regressive -> completely independent of your income level: ex. Restrictive -> in place to influence people"s behaviour (businesses, and individuals: ex. Cigarette taxes, alcohol, gasoline: provider of incentives & financial assistance, subsidies, tax breaks, support services for small and large businesses, research funding, regulates business activity; influences technology standards crtc (canadian.
