influence on business Flashcards
1
Q
advantages of eing environmentally friendly
A
increased sales
reduced costs
reduced tax bills
getting subsides
reducing resource scarcity
2
Q
disadvantage of being environmentally friendly
A
raw materials
capital costs- the cost of equipment
production methods may be more expensive
3
Q
advantage of being a multinational company
A
increased sales
spreading risk
lower costs
tax avoidance
lower price and lower costs
4
Q
disadvantages of being a multinational company
A
business closure- local unable to compete with international
outflows of money- multinationals move profits out of host country
