1. Identify various governmental policies and actions that a company takes advantage of when doing business. Some examples include (but are certainly not limited to) tax requirements, financial regulations, or import/export guidelines.

Question

16-02-2020
Business

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1. Identify various governmental policies and actions that a company takes advantage of when doing business. Some examples include (but are certainly not limited to) tax requirements, financial regulations, or import/export guidelines.

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monica789412 monica789412 · Answer 1 · 2020-02-22T05:05:05+01:00

Lower taxes, import export tariffs, laws of international business, exemption for shipping from different countries, labor cost differences, financial regulations.

Explanation:

Businesses use many loopholes and rule relaxations to drive up their profits. Lower taxes allow for more investors to find interest and lower import export tariffs make a place a good market.

If the labor is cheap in a different countries the companies ship their product to their and make all the preliminaries for cheap then assemble in the parent country to get a certification.

Companies also use international law loopholes to evade taxes and work around tariffs imposed.