The External Factor Political‚ Governmental & Legal Forces Government spending and taxation policies Hong Kong is a free port of less tax and low tax rate. The tax must to pay for enterprise only pay the profit tax every year. The normal rate of Profits Tax is 16.5% for corporations and 15% for unincorporated businesses. More companies have been attracted to invest in Hong Kong. Hong Kong does not impose value-added tax (VAT)‚ goods and services tax (GST) or sales tax. The price of products
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Online Ethical‚ Legal‚ and Regulatory Issues in B2B versus B2C Introduction Companies doing business on the Web must be certain of their ability to manage the liabilities that can emerge as a result of today’s online business environment. This environment includes laws and ethical factors that are sometimes different from those in the brick and mortar setting. The online environment often forms a network of customers who can have considerable levels of communication with each other. Online businesses
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Regulatory and Accreditation Body Vincent Kennedy HSN/548 May 17‚ 2015 Mary Goetteman Introduction Regulatory and Accreditation Body Higher education institutions that provide educational programs consistent with regulatory and accreditation practices guiding each program. National recommendations generally dictate regulatory guidelines that are typically enforced through state regulating agencies identified for program control. Higher education institutions voluntarily self-assess themselves
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environment can classifies in two categories that are internal environment and external environment. Internal factors close to the company that have a direct impact on the organizations strategy‚ these factors include employee‚ customer‚ suppliers‚ shareholder‚ banker etc. External environment comprises those factors and trends outside the organization that might have an influence upon an organization and its future. Many external factors can have an effect upon an organization - from changes in government
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REGULATORY CAPTURE THEORY Capture theory assumes‚ firstly‚ that all members of society are economically rational. Therefore‚ each individual will pursue his or her self-interest to the point where the private marginal benefit from lobbying regulators just equals the private marginal cost. Regulation has the potential to redistribute the wealth. Therefore‚ people lobby for regulations that increase their wealth. Second‚ the capture view assumes‚ as with public-interest theory‚ that the government
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behaviors‚ and it is optional to be performed because they are close with sensitive‚ private and confidential documents (IFAC‚ 2009) [online]. It increases the credibility‚ accountability and stewardship of directors by requiring internal and‚ or external auditors (EAs) to ensure that the principles are not been violated. Besides‚ it leading the EAs to contribute their independent opinion as well as providing reasonable assurance thereafter will expresses that the financial statements are immaterial
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Robbie’s Harley Quinn may have decided not to put on the character’s jester costume from Batman: The Animated Series? Some fans may have discovered that Harley could have worn the iconic suit in the film‚ but opted for a more skin-baring outfit! Reddit user eobardthawne42 has thoroughly dissected the new Suicide Squad trailer‚ especially the show-stopping scene showing Harley changing into a tiny baseball T-shirt and shorts as the rest of Task Force X look on. One of the still reveals that Harley may
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Regulatory Agency Paper The government agency selected for this article is The Federal Bureau of Prisons also known as (BOP). The federal bureau of prisons role include confining federal offenders in prisons who are humane‚ safe‚ cost-efficient‚ and secure. The Bureau is responsible for helping inmates reduce future criminal activity by encouraging them to join a range of programs that are proven to reduce recidivism. The Federal Bureau of prisons employees assists inmates with programs
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The importance of ICT Information and communication technology in primary and secondary schools‚ 2005/2008 This report is based on evidence from inspections of information and communication technology (ICT) between September 2005 and July 2008 in 177 maintained schools in England‚ as well as other visits to schools where good practice was identified. Part A describes the quality of ICT education in primary and secondary schools over this period. Part B considers how tackling assessment‚ vocational
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Define regulatory arbitrage. Briefly discuss the new capital buffer requirements proposed under Basel 3. Regulatory Arbitrage This is a practice whereby firms capitalize on loopholes in regulatory systems in order to circumvent unfavourable/unprofitable regulation. Arbitrage opportunities may be accomplished by a variety of tactics‚ including restructuring transactions‚ financial engineering and geographic relocation. For example‚ a company may relocate its headquarters to a country with lower tax rules and favourable regulatory policies to
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