Duty Rates and trade policy

by | Aug 23, 2021 | Uncategorized | 0 comments

A firm must contend with a number of macroeconomic risks when deciding the setup and operations of its business unit. Some of the risks are:
1. Interest rates.
2. Minimum Wage.
3. Market Prices
4. Taxes
5. Duty Rates and trade policy
Choose 2 imminent macroeconomic risks and design a business plan that would counter them. You may pick any business of your choosing but ensure that it is one that can be affected by one or more of the above. Write a 3-5-page summary of your business model, the potential problem and how you plan to run the business in the environment you have chosen.

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