Analyse the influence of government and the global market on financial management in one large business:
Your answer should include information relating to this:
The government influences businesses’ financial management decision making with economic policies such as those relating to the monetary and fiscal policy, legislation (laws) and the various roles of government bodies or departments who are responsible for monitoring and administration.
Monetary policy impacts directly on financial markets by influencing interest rates.
Globalisation provides the opportunity to rapidly move funds in and out of Australia. As a result, Australian businesses have access to funds and financing all over the world.
Australian businesses can access funds from international financial institutions and financial markets and Australian investors also have the ability to invest their funds internationally. Internet banking has assisted this process worldwide.
Largely uncontrollable financial influences include the availability of funds, interest rates (particularly in the future) and the global economic outlook.
For further detail, you could define each of the global market influences.
What's left is to research a large business and state how this information applies to it.
Investigate and report on contemporary taxation issues in Australia and how it affects large businesses:
Most of the information to answer this question will have to come from research.
You can also include the following in your answer:
Reducing the Australian company tax would see more incentives for businesses to retain profits and use the funds to grow their businesses and would make Australia grow more attractive for foreign investment and create new jobs and ultimately higher economic growth.
I hope this helps
