Answer:
Explanation:
For negative
But all taxes adversely affect ability to save. Since rich people save more than the poor, progressive rate of taxation reduces savings potentiality. This means low level of investment. Lower rate of investment has a dampening effect on economic growth of a country.
Positive
The positive effects of tax rate cuts on the size of the economy arise because lower tax rates raise the after-tax reward to working, saving, and investing. ... But pure rate cuts may also provide positive income (or wealth) effects, which reduce the need to work, save, and invest.
Answer:
b
Explanation:
because it is the best one for that
Most large companies and thousands of smaller ones have created, printed, and distributed "codes of ethics."
<h3>What is codes of ethics?</h3>
A code of ethics is a set of professional conduct conduct business in an honest and ethical manner.
Some key features regarding the codes of ethics are-
- A code of ethics document could outline the business or organization's mission and values, how professionals are expected to approach problems, ethical principles predicated on the organization's core values, as well as the standards that the professional is held.
- A code of ethics, also known as a "ethical code," may include topics like business ethics, professional practice codes, and employee codes of conduct.
- A compliance-based code of ethics, a valuation code of ethics, or a code of ethics among professionals are the three main types of codes of ethics.
To know more about codes of ethics, here
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Answer:
b. slow industry growth.
Explanation:
Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.
This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.
Generally, when rival business firms compete aggressively by trying to attract competitors' customers, this might be an indication of slow industry growth.
In conclusion, the various companies or business firms are experiencing a low level of sales of their goods and services. As a result, they engage in activities that would attract potential customers and by extension their competitors' customers.
