of the country to another (other than those that distance imposes); there are usually no differences oftaxation and regulation. Between countries, on the other hand many of these barriers which ease exchange of goods often do occur. It is commonplace for there to be import duties of one kind or another (as goods enter a country) and the levels of sales tax and regulation often vary by country.
Ⅱ. Economic Environment
The economic trends of a country are very influential over business operations. Singapore's economy has shown continued resilience against most global crisis, and has rebounded with a record 13% growth from the recent global economy downturn. This rebound not only showed that the Singapore's forward-looking and alert damage-control measures are always in place and
The approach should include forward-looking responses to emerging threats, detection and response to incidents, review and audit.
Reassessment: Participants should review and reassess the security of information systems and networks and make appropriate modifications to security policies, practices, measures and procedures.
Individual governments also have enacted laws in an effort to
of accounting, requiring that the company use accounting limitations to manage earnings and modify the balance sheet to portray a favorable depiction of its performance. According to McLean and Elkid in their book 『The Smartest Guys in the Room』, "The Enron scandal grew out of a steady accumulation of habits and values and actions that began years before and finally spiraled out of control."
of a currency exchange crisis.
③ Shrinking consumption
Consumer spending will likely further shrink in the coming months due to weakening purchasing power triggered by the sluggish job market, falling equity prices and rising inflationary pressure. For consumption to recover faster, we will need to see more aggressive tax rate cuts on personal income and capital gains, as well as stabilizat