0
1.Can create more jobs, the unemployment decreased.
2.GDP increased
3.the standard of living increased
4.increasing competion
5.the company would to give more tax to the government
6.a decrease in unemployment will lead to a fall in poverty which will pull down crime rates and death rates
7.more competition = fall in prices = increased exports and decreased imports which will favourably impact the BOT
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Why is business important to a country's economy?
Business is important to an country's economy because businesses create jobs. Job creation helps stimulate the economy creating a cycle that benefits business owners and employees.
Why china has many successful competitive small and privately owned businesses?
China's small businesses are some of the most successful of any industrialized country. This is due in part to hiring the right people the first time, having a flexible business strategy, being prepared for quick growth, and their ability to listen to and grow with their customers.
How many businesses are successful?
If you are asking how many businesses are successful today then the following would apply. Over 70% of the businesses that start today will fail within the first five years. This is not to say they will make it to five years, but will fail within that time frame. Not very encouraging is it? Well, look at it this way. There Are 30% who are successful. Some of the major reasons why businesses are not successful include:* No written plan. * Not enough expertise in product being sold. * No mentor or coach. * Never had a business course. * Not enough start-up cash.
Which group benefits most from opening markets in developing countries?
businesses in developed countries
When a country currency depreciates who benefits the the most?
businesses that sell their goods in the domestic market will benefit as they now experience less price competition from importers because prices of imported goods and services are likely to rise on the domestic market.
What kind of organization is NASE?
NASE is an organization which specializes in giving new businesses news and resources to help them grow and develop into successful businesses. They include numerous benefits for their members.
What are some benefits to living in cities as opposed to living in the country?
Some benefits of living in cities include access to more job opportunities, cultural events, entertainment options, and a wider range of services and amenities. Cities tend to have better public transportation systems and more diverse dining and shopping options compared to rural areas.
What are the benefits of CSI in business?
Benefits of CSI for businesses
What are some benefits of using marketing consultancy?
The prime aim of any digital marketing consultancy is to supply the suitable help to client for his or her on-line promoting campaigns to get memorably successful outcomes for his or her businesses.
What are the benefits of a MyTalkTalk account?
Some of the benefits of a MyTalkTalk Account is great services for businesses. They offer broadband, telecoms, webmail, hosting and account management for businesses.
Why is business important to a country's economy?
Business is important to an country's economy because businesses create jobs. Job creation helps stimulate the economy creating a cycle that benefits business owners and employees.
Why china has many successful competitive small and privately owned businesses?
China's small businesses are some of the most successful of any industrialized country. This is due in part to hiring the right people the first time, having a flexible business strategy, being prepared for quick growth, and their ability to listen to and grow with their customers.
How was Mac Crawford seen as a manager?
Crawford won the respect of employees, analysts, investors, and creditors for saving MedPartners and transforming it into one of the country's most successful businesses.
Why is management a universal?
All businesses need good management to be successful. No matter what country, good management can run the business correctly and keep employees doing their jobs.
Why is management universal?
All businesses need good management to be successful. No matter what country, good management can run the business correctly and keep employees doing their jobs.
What are some good companies that offer employee health benefits for small businesses?
The best place to find out about what kind of benefits should be offered as well as the tax refunds you will get for this can be found at www.irs.gov/businesses/. This is a great resource for new businesses.
What are the benefits that businesses got from being on second life?
Help
