GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Issues around globalisation center on ____
A
Legal structure, taxation & staffing
B
Legal structure, employees & staffing
C
Business structure, taxation & staffing
D
Legal structure, global market & opportunities
Explanation: 

Detailed explanation-1: -(1) The effective tax rates on labor and capital have converged globally since the 1960s, due to a 10 percentage-point increase in labor taxation and a 5 percentage-point decline in capital taxation. (2) The decline in capital taxation is concentrated in high-income countries.

Detailed explanation-2: -Rules are applied to international trade rules are evolving in the system GATT / WTO. Globalization of law occurs through legal standardization among other multilateral agreements. [12] In this case, the law seeks to cross or dismantle the barriers of space and time, by defining differences in the legal system.

Detailed explanation-3: -Globalization is leading to greater problems of state capacity to comply with human rights obligations, particularly economic, social, and cultural rights, such as trade union freedoms, the right to work, and the right to social security.

Detailed explanation-4: -International Recruiting. Managing Employee Immigration. Incurring Tariffs and Export Fees. Payroll and Compliance Challenges. Loss of Cultural Identity. Foreign Worker Exploitation. Global Expansion Difficulties. Immigration Challenges and Local Job Loss. 30-Mar-2020

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