BU111 Lecture Notes - Lecture 11: Critical Success Factor, Sales Tax, Environment And Climate Change Canada
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BU111 Full Course Notes
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Be able to refer back to diamond-e, pff, critical success factors. Comes with a lot of employees and so many customers. Regulates business activity; influences technology standards- crtc. Promotes competition - competition act, small business support. Don"t let companies get so big that they dominate the market and have a monopoly. Protects consumers - i. e. hazardous products act. Achieve social goals - i. e. universal health care, education. Protect the environment - canada water act, fisheries act. Collected by all three levels of government. Progressive: higher income = higher tax rate. Regressive: same amount of tax regardless of income (ex. Subsidies, tax breaks, support services for small and large businesses, research funding. Highways, armed forces, police and fire dept. , hospitals, education. More intense by competing directly with it or decrease the rivalry by regulation. Ex. the competition act decreases the rivalry. Supplying healthy population, roads and highways to transport goods.
