We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Phase5 IP Markets for Labor - Essay Example

Comments (0)
Summary
Phase5 IP Markets for Labour Name: Institution: Course: Tutor: Part I The type of tax that government apply on cookbooks is called fat tax. This type of tax is aimed at discouraging consumption of unhealthy food that may contribute to an increase in obesity, diabetes and other life threatening complications…
Download full paper
GRAB THE BEST PAPER
Phase5 IP Markets for Labor
Read TextPreview

Extract of sample
Phase5 IP Markets for Labor

Download file to see previous pages... For example, the cost for buying and diagnosing people with obesity and diabetes has reduced significantly because most people are trying to avoid unhealthy food due to higher cost of those foods (Gilman, 2008). The supply of cookbooks will fall/decrease significantly because an increase in tax leads to an increase in the cost of production because raw materials become expensive. This further leads to a decrease in consumption because consumers are rational and their aim is to maximise their utility as well as minimise cost. Therefore, increase in cost of unhealthy food will decrease consumption and supply (Spearman, n.d). Consumers are the ones who pay tax at the end because after the government has increased taxes, tax of certain commodities consumers pay this tax by buying the commodities. In above connection, this method may be good to finance health programs because it help to discourage consumption of unhealthy food which consequently reduces the cost that government incur on health care facilities. This is because the cases of people with diabetes and obesity will reduce significantly. The other tax that government may use to increase revenues include: Income tax, corporate tax, capital gain tax, social security contribution tax, property tax, inheritance tax to mention just but a few. Income tax is levied/applied on individual earrings’ whereby; the state deducts certain amount of income that is within the tax brackets. On the contrary, corporate tax is the one that is levied on the company earnings while capital gain tax is the amount of tax levied on the earnings made after financial securities have been sold. Social security contribution is the amount levied on the amount that people contribute as savings under pension scheme. Property tax might be levied on individuals’ property such as land, real estates, motor vehicle among other non-current assets (Spearman, n.d). Part II Absolute advantage entails the ability of an organisation to produce goods and service more efficiently than its competitors using the same amount of resources as it competitor. An organisation with absolute advantage tends to have the ability to produce goods at a lower cost and later selling them at a profit. For example, if two companies have the same amount of resource but company A can produce 100kgs of wheat while company B can produce 50kgs, then company A may be said to have an absolute advantage over B. Therefore, in this case, the ability of Justcookbooks.com of becoming wildly successful in the United States presents an absolute advantage. On the other hand, comparative advantage entails the ability of a particular organisation to produce goods and services at a lower cost as compared to other firms. For example, if Japan can produce one car at 100 dollar and 1 motor bike at 40 dollars while U.S can produce the same car at 90 dollars and motor bike at 20 dollars then, it may be said that U.S has a comparative advantage of producing cars while Japan has a comparative advantage of producing motor bikes (Mike, 2013). When one focuses at becoming a multinational Corporation, one should be ready to face cultural and ethical issues, legal issues, human resource issues, etiquette and custom issues, political issues to mention just but a few. Cultural issues entail problems that arise due to increase in organisation diversity as a company goes global. Legal issues arise when a company must obey ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Markets and Division of Labor
From this research it is clear that Adam Smith was economist who had a vision of making the nation a capitalist and industrial economy where the division of the labour and market can leverage the people with honesty, discipline, cooperation that can lead to social cohesion, as this was the key to happiness.
10 Pages(2500 words)Essay
Labor
The primary function of the union is to engage in actions that better the situations of the employees. Unions are centered on benefiting employees through the protection of their rights. For example, union workers are more likely to have better health coverage, higher wages, and objective seniority rights, when compared to non-union workers.
1 Pages(250 words)Essay
International financial markets IP 1
The world is never similar in any way and this creates the need to clearly analyze and understand all the variables that may impact on the business operations. Such differences may exist in terms of currencies, trade policies, cultures and government policies.
4 Pages(1000 words)Assignment
Segregation in Labor Markets, Neighborhood, Education, and Criminal Justice
Every individual hungers for change, for the economy to escalate again to its pre-recession state – the era before thousands were viciously pushed over the precipice of unemployment by capitalist to limit the number of mouths to feed as the supplies needed to fuel their production decline rapidly.
6 Pages(1500 words)Essay
Changing Labor Markets and Demographics
He analyzes the varied ideas highlighting that employment is an appropriate approach of attaining economic security. According to Schiller, this statement lacks blanket certainty although it portrays some element of truth. It is apparent that poor people in employment work enormously hard.
4 Pages(1000 words)Essay
Mobile IP
Popular transport protocols, such as TCP (Allman et al., 1999), keep track of their internal session state between the communicating endpoints by using the IP address of the two endpoints and their port numbers. On the other hand, IP addresses are also used to find a route between the endpoints.
8 Pages(2000 words)Essay
Markets
Demographically speaking, those that do not want to be a target market are an excellent target market. Remember there are wolves out here. There is always a predator lurking in your shadow, waiting for you to relax, looking for the most opportune moment to pounce.
3 Pages(750 words)Essay
MGMT402 U4 IP Labor Laws
The next three labor laws concern the private sector and follow each other. These are the Wagner Act of 1935, The Taft-Hartley Act of 1947 and The Landrum-Griffin Act of 1959. The first one allowed unions
4 Pages(1000 words)Research Paper
Labor
This was achieved with legislature passing the Occupational Safety & Health Act of 1970 and designed to help preserve the rights of
1 Pages(250 words)Essay
Advantages And Disadvantages Of Opening Labor Markets On A Global Scale
In contemporary business environment, many nations are concerned with competing effectively and efficiently in the global market. Many companies to continue to strive for increased profits and expansion in customer’s base. It has been evident that competitiveness in the labor market does not depend only on the effectiveness of individual firms.
8 Pages(2000 words)Essay
Let us find you another Essay on topic Phase5 IP Markets for Labor for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us