New food hygiene regulation that could mean some ingredients for some products cannot be used and a substitute has to be found.
Currently, the UK will be requiring car manufacturers to comply with laws that will insist that a growing proportion of car sales will be electric cars.
Potentially, if a right wing government were to be elected then it is likely that it would attempt to reduce government expenditure. That would likely impact on public services such as education and health. If fewer schools are likely to be built (increase class numbers instead) then a company that manages school property might have a harder time.
Similarly, a newly elected government might want to reduce defence expenditure because it has a particular world-outlook. Defence companies might then need to look around for something to keep their revenues up.
PLEASE ASK QUESTIONS ON THE APPROPRIATE ASK ACCA TUTOR FORUM. THAT WAY YOUR QUERIES AND MY REPLIES ARE LIKELY TO BE SEEN BY MORE STUDENTS.
In this Lecture, I didn’t really get the explanations for firm strategy and structure in the diamond. I only understood “rivalry”. Could clearly explain how strategy and structure determine the competitiveness of nations?
bdot19 says
I would say the main reason corporations have head offices in Ireland is due to the low corporation tax over anything.
UzairA365 says
Also please can I have a example for this one too.
Legal : Failing to prepare for a new law that will soon bring new regulations into force that the company will have to comply with.
Ken Garrett says
For example:
New food hygiene regulation that could mean some ingredients for some products cannot be used and a substitute has to be found.
Currently, the UK will be requiring car manufacturers to comply with laws that will insist that a growing proportion of car sales will be electric cars.
UzairA365 says
Hi I don’t understand where it says on the notes,
Political: Ignoring the spending priorities of a new government so that the wrong products or services are offered.
Can you please give me a example of this. I can’t think of any examples.
Ken Garrett says
Potentially, if a right wing government were to be elected then it is likely that it would attempt to reduce government expenditure. That would likely impact on public services such as education and health. If fewer schools are likely to be built (increase class numbers instead) then a company that manages school property might have a harder time.
Similarly, a newly elected government might want to reduce defence expenditure because it has a particular world-outlook. Defence companies might then need to look around for something to keep their revenues up.
PLEASE ASK QUESTIONS ON THE APPROPRIATE ASK ACCA TUTOR FORUM. THAT WAY YOUR QUERIES AND MY REPLIES ARE LIKELY TO BE SEEN BY MORE STUDENTS.
akakuru says
In this Lecture, I didn’t really get the explanations for firm strategy and structure in the diamond. I only understood “rivalry”. Could clearly explain how strategy and structure determine the competitiveness of nations?
devineblessedme says
I cannot view any of the lectures, can I know what happen?
opentuition_team says
try another computer/device..
videos work fine
Mishern says
I would argue that what is most attractive about Ireland to companies is its low corporate tax rate.