If the goal of a government policy change is to increase the incentive for taxpayers to work and/or invest, <u>a decrease in </u><u>marginal tax rates</u> policy is most likely to be successful.
<h3>What is Marginal Tax Rate?</h3>
The marginal tax rate is the amount of additional tax that must be paid for each additional dollar of income received. The average tax rate is calculated as total taxes paid divided by total income earned.
An individual with a taxable income of $24,750, for example, will pay taxes at a rate of 10% on the first $19,900 of income and 12% on the remaining $5,000 since portion of the individual's income is subject to the higher tax rate of 12%.
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There are many companies in Ghana and some of those companies and what they do include:
Accra Brewery Limited
- Founded in 1931 as Overseas Breweries Limited
- Offers brewery products such as CLUB Premium Lager
- Saw huge expansion after the second World War
- Currently under Anheuser-Busch InBev (ABInBev)
<u>Agricultural Development Bank </u><u>of </u><u>Ghana</u>
- Founded in 1965 and is owned entirely by the government
- Offers loans and agricultural credit to boost agriculture
- Also offers corporate, international, and commercial banking
Clydestone Ghana
- Founded in June 1989 and is located in Nigeria, Kenya, UK, and Ghana
- Offer products in the information and communication industry including transaction processing
- Listed on Ghana Stock Exchange
Produce Buying Company
- Founded in 1981
- Are major players in the cocoa industry in West Africa
- Are also players in other cash crops such as sheanuts
Suretrack Contracts Services
- Founded in 2007
- Offers construction services such as engineering and construction management.
- Is a privately owned company.
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Answer:
geocentric
Explanation:
The staffing policy which which seeks for staffing the best people for main jobs throughout the organization, regardless of their nationality is called geocentric policy. It is very much compatible to any international strategy but there can be some resentments in the host country due to cultural myopia.
There can be also lack of some management transfers from the home country to the host countries also from the host to home. There can be lack of integration also.
