Identify the Six Questions to Consider in Evaluating a Company's

question 56

Essay

Identify the six questions to consider in evaluating a company's ability to compete successfully against market rivals.

Explain the role and importance of transfer pricing in multinational corporations.

Know the mechanisms of international payment and credit systems.

Identify tax havens and understand their impact on business and investments.

Understand the role and recording process of special journals in financial transactions.

---

Definitions:

Tax Revenue

Money earned by governments through taxation, intended for the financing of public amenities and meeting governmental commitments.

Government

The governing body of a nation, state, or community, responsible for regulation, public policy, and administration of state affairs.

Consumer Surplus

The gap between what consumers are prepared to pay for a product or service and what they end up spending.

Producer Surplus

The difference between the amount producers are willing to accept for a good or service versus what they actually receive, reflecting their net gain.