Our Subscriber Are True with There Work (2a) tarriffs are taxes or duties imposed on imports and export by d govt of a country. the idea behind tariffs is to restrict the volume of trade or improve the international terms (2b) -tariffs are imposed to protect infant in dustries from under competition with foreign firms -tariffs are imposed to prevent dumping of goods from foreign countries and it is used to prevent foreign goods from being sold at prices lower than home price. -tariffs are also imposed to gen erate revenue for the country. many countries derive their revenue from import and export duties -tariffs are imposed to encourage the establishment oflocal industries or enhance the expansion and growth of existing one so as to provide job opportunities -tariffs are imposed so as to prevent dangerous or harmful goods from other countries andit is done by placing high tarrifs on imported goods (1a) Circulating capital: it is also referred to as WORKING CAPITAL this is the amount of money that business organizations use for the day today running of the business. it is the capital available to a firmfor general purposes. (1aii) - it is used as basis for planning - it is used in measuring the firms capability - it gives investors the inside strength of the business - it is used in determining the circulatory capital available for day to day running - it shows the viability of business enterprises (1b) -price reduction -advertising -sales promotion -offering of credit facility -increasing the range of good sold
Posted on: Wed, 26 Jun 2013 10:59:40 +0000
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