List the INTERNAL Factors for Assessing the Competitiveness of the Australian

question 21

Essay

List the INTERNAL factors for assessing the competitiveness of the Australian firm involved in the market screening process.

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Definitions:

Fiscal Policy

The use of government spending and tax policies to influence economic conditions, including economic growth, inflation, and unemployment.

Monetary Policy

A strategy by which a central bank controls the supply of money in an economy, often targeting interest rates to achieve economic stability or growth.

Federal Reserve

The central banking system of the United States, responsible for setting monetary policy, regulating banks, and ensuring financial stability.

Social Security Act

A U.S. law enacted in 1935 that created a system of transfer payments in which younger, working people support older, retired people.