ADMS 1000 Lecture 1: Lecture 1

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: Natalie Guriel

Document Summary

Political/legal: laws and regulations, taxes (corporate, tax, personal tax, property tax, land transfer tax, hst, eco fees, tariffs) International trade agreements (nafta: business incentive, subsidies, bailouts, crown corporation, deregulation/privatization. No sales taxes (free service for members) No trade agreements = easy to reach other countries on internet; nothing to export/import. Not important in facebook"s success except for the free service which grew its member population. Economic: what is the state of the economy, recession or growth/boom, gross domestic product (gdp, interest rates, currency value (appreciation/depreciation, trade surplus or deficit, unemployment rate, inflation/deflation. Growth of its members was not dependent upon economy. Low interest rates may have helped reduce interest expenses on any loans. High unemployment may have contributed to more users since people had more time. Apps on smartphones create an easier access. Internet and web technologies and improvements (faster access). Technological features: chat tool, share photos privately&publicly, games, functions, video chat.