In its endeavour to attain global presence, the entity has entered new lucrative economies. This multinational entity faces multiple hitches in executing its operation. The challenges emerge due to the…
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Consequently, Jollibee Foods Corporation proposes that federal authorities should institute measures to lower import tax. Reduction in this taxation would have a sizeable impact on this entity since it imports a considerable proportion of its supplies. The recession has further increased the cost of the entity since it has to spend additional funds due to the diminishing value of the US dollar.
Reduction in import tax will provide relief to an entity reeling from devaluation of the currency. Additionally, the federal authorities should attempt to address the worth of the currency. Increase in the dollar’s worth will reduce Jollibee Foods Corporation’s expense incurred during importation of suppliers. This is a vital aspect of this organization, which largely prepares Philippine cuisine (Shalal-Esa, 2009). Despite the above proposals, Jollibee Foods Corporation seeks enactment of prudent economic measures, which will not only suit certain entities but also the economy in its entirety. However, it will require the federal authorities to appraise all proposed policies by lobbyist seeking to represent interests of differing entities.
Currently, lobbying has a significant impact on the national economic policies. Notably, lobbying has both cons and undoing. Therefore, it is critical to evaluate the extent that lobbyist can manipulate both fiscal and monetary measures. First, it is vital to identify what motivate lobbyist to seek alteration of the above policies. Lobbyists stand for certain organizations. However, these organizations are predominantly extensive entities with multi-billion investments in the economy (Shalal-Esa, 2009). Consequently, the organization will seek to have some impact on such policies that may have sizeable implications on their fortunes and future prospect. Conversely, enactment of federal policies is in the faith of benefiting the entire citizenry,
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Revenues are an important component in a government budget. The extent of government spending in a fiscal year is planned according to the revenues generated. Under such a scenario the sources of revenue for the government becomes a crucial thing. The sources of federal revenues are “individual income taxes, social insurance (payroll) taxes, corporate income taxes, excise taxes, estate and gift taxes, remittances from the Federal Reserve, customs duties, and miscellaneous fees and fines.” Out of the above it can be unambiguously stated that personal income tax is the largest source of government revenue, accounting 45 percent of the total revenue.
It is in this context that Fiscal Policy is considered as the measures adopted by the government to adjust its level of expenditure with the purpose to monitor and thus influences the economic growth (Gupta, 2007). Similarly, Monetary Policy is the action taken by the central banks of nations, boards or other regulatory committees those are in the authority of determining the size and rate of the money supply which affects the interest rates.
The US is experiencing weak economic growth, unemployment, and stock market instability, which are raising serious concerns about the state of US economy. The continuing challenges in the labor market and the account of the debt limit emphasize the problem faced by the state; unsustainable debt mount for the future.
For instance, in various countries and nations, the highways, the railways, electricity, public education and telecommunication systems have been established by governments utilizing significant key supports. Many medical advances and high technologies have been outsourced from the basic-research funded by the governments.
In fact, due to their centrality to the security and other interests of the U.S and its citizens, these issues have attracted a lot of interests, resulting not only in heated debates and numerous controversies but also anxiety in the U.S public. For example, most U.S citizens wonder what exactly the Iran threat is.
Warren (2012) also noted in his book that managers who anticipate enjoying easily attainable goals and standards often introduce budgetary slacks in the budget. The existence of budgetary slacks in an organization’s budget may adversely affect the performance of the organization through the following: limitation of employees’ evaluation, ineffective planning, underperformance by the employees, and the derailment of correctional measures.
For this matter, understanding the Social Security Trust fund and the means by which it operates, manages debt, and has evolved over the past years to represent what we see today is extremely important facet of understanding the future of governmental finance, taxation and prospects for retirement both for the current generation of retirees as well as our own generation.
ary policies affects the company demand levels, liquidity stability, financial imbalances fluctuations even as Dell remain as the preferable entity to most customers (Bean, 2004). As a result, changes in monetary policy measures as a way of influencing the competitiveness of
Even though we have become financially stable, I have never lost sight of the fact that my family and I would not be where we are today without the kindness of others and the help of the government.
Even as I child, I tried
1 Pages(250 words)Admission/Application Essay
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