Chapter 4 - Impact of Government on Business Class notes for government's impact on business. Includes article/video summaries and lecture contents.

3 Pages
Unlock Document

Accounting & Financial Management
AFM 131
Robert Sproule

AFM131 Sept. 21/10 Introduction to the Impact of Government on Business Impact of Government on Business - Impacts of three levels of Canadian government - History - Government rules and regulations - Government incentives How does this knowledge affect us? (as consumers and as business people) - Consumer o Services provided to the consumers o Government expenditures may increase jobs, stimulate economy, or provide services and improve living standards (OSAP) o Government regulations and laws ensure safer foods (protecting our health) and protect consumers (Maple Leaf meat products) o Government increases competition for better products and services and lower prices - Business People o Taxation and financial policies o Laws and regulations in place that need to be obeyed by businesses o Purchasing policies o Government in support and the systems they provide o Provide better working conditions in terms of laws and regulations - Government involvement in business o Compete, consume, and employ o Laws and regulations o Taxes o Financial aid o Spending o Services What historical issues contributed to the impact governmenth’ currently have on business? - Large landmass with low population density along 49 parallel – creates issue of connectivity - Competitive position to the United States – creates inferiority complex Short Documentary on Listeriosis Outbreak - Surveillance system - Listeriosis investigate - Meat inspections, food safety protocols - Crack in the system, no procedures to follow up, no independent health officer Maple Leaf Food Safety Standards Sanitation protocols - Traffic colours - Controls for condensation - Cooler temperature Testing - Strengthen testing, sampling - Double testing sights - Samples on each line - Results are review separately and on a whole - Highly reliable analysis Training - Food inspection agency approval - More than 200 procedur
More Less

Related notes for AFM 131

Log In


Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.