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Q: How do the overestimation of profits earned by a business can affect a society?
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How does business and accounting affect the society?

how does business and accounting affect in the society


Government actions that affect business profits are called?

taxes


What is gorvernment actions that affect business profits are called?

its called Taxes.


How government actions affect business profits?

Government is the one that implements laws, regulations, and rules that governs the whole trade and commerce industry - and so whatever their actions are, if largely affects how business and companies earn profits from consumers and through their selling.


What are factors that affect a businesses profit?

Business profits are impacted by several factors. One important one is the taxes it must pay. Another is operating costs. The impact of its competitors also affects profits. Profits are also impacted by salary costs.


What effect do low interest rates have on business investment?

The effect that low interest rates have on business investments is a low return. The low return will affect the profits of a business. It will also slow down business investments.


What is economic constraints?

an economic constraint is something that will affect a business for example, customers have stopped spending their disposable income on luxuries because of a recession, so a business will lose sales and profits


What are the advantages and disadvantages of a multi divisional business structure?

One advantage to having a multi divisional business is the fact that the business can expand into different industries. A disadvantage is the fact that one division can affect the profits of the entire organization.


Explain elements of business environment?

A business environment are the internal and external factors that affect a business. Its elements include society, technology, regulations, economy and politics.


How did industrialization affect business owners differently from the way it affect working class laborers?

Business owners made profits and benefited from new industrial technologies, while laborers were paid little and rarely had access to new products resulting from industrial advances.


What was a positive affect of high tariffs?

higher profits - apex


The likelihood that a society will undergo political changes that negatively affect local business activity is called?

Political risk