RSM100Y1 Lecture Notes - Lecture 2: Profit Margin, Walmart, Kyoto Protocol
Document Summary
Business and governments & wal-mart case study 1. Many roles of government in the economy & society: we explored the role of governments in setting, and carrying out, fiscal & monetary policies the goals of which are to balance: Government finances (taxation, deficits: these roles play a powerful role in creating the economic environment in which businesses operate, historically governments also play 3 other key roles in their interactions with the business community: Governments as customers of goods & services. Governments as regulator of certain business activities. Government as a provider of social & business infrastructure. The basics on government in canada: 3 major layers of government in canada. Most municipal income comes from property taxes: many powers of different levels of government divided under constitution ( british north america act ) Federal government defense & foreign policy, regional redistribution.
