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Question:

Discuss how changes in government policies can affect the business environment.

Answer:

Changes in government policies can have far-reaching effects on businesses:

  • Regulatory Changes: New regulations, such as tax reforms or labor laws, may increase the compliance burden, leading to higher operational costs.
  • Monetary Policies: Changes in interest rates or inflation control measures impact borrowing costs and consumer spending, influencing business profitability.
  • Trade Policies: New import-export duties or trade agreements can affect the supply chain, market access, and competition, requiring businesses to adjust pricing and sourcing strategies.


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  • 4 months ago

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  • Answered by Ekta Mehta
  • 4 months ago

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  • Answered by Ekta Mehta
  • 4 months ago

Taking Screenshots on your Samsung Galaxy M31s is very easy and quick.

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