BU111 Study Guide - Final Guide: Progressive Tax, Environment And Climate Change Canada, 18 Months
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BU111 Full Course Notes
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Taxes: good for the country because they get necessary things such s roads and parks, threat because companies have to raise prices in order to not burden as much tax. Trade agreements or conditions: new trade agreement that your business has new markets to send to, threat is that the tradeoff is that the new market can sell to your countries customers too. Protection of consumers, support for and protection and regulation of domestic businesses, opportunity creation in foreign markets. Business implication: affects uncertainty, risk, and constraints/costs faced by firm. Customer buys products & services: pens, pencils, paper, military equipment, they are a big customer, reliable and large, they have a lot of bargaining power. Competitor canada post, cbc (crown corporations) Regulator/law maker: regulates business activity; influences technology standards crtc, to protect consumers, to ensure the competitive environment is fair and healthy. Promotes competition competition act, small business support.
