Answer the questions in 400 words

I’m stuck on a Management question and need an explanation.

Answer the following questions in 400 words

  1. American businesses have often been criticized for short-term thinking that places too much emphasis on payback period and ROR. When Honda started making cars in the early 1970s, for example, the chief executive officer stated that the firm would be “willing to accept an ROR no greater than 2% or 3% for as long as it took to be recognized as the best car maker in the world.” In light of the success of many Japanese firms, is the criticism of American business justified?
  2. Most countries have a progressive income tax system whereby each dollar earned in incrementally higher tax brackets is taxed at an increasingly higher rate. Do you think that a flat tax system would be more fair? How about a proportional tax system? Explain your answer.
  3. Discuss the effect of taxes on the life-cycle costing (LCC) of passenger cars. Compare domestic and imported cars.

Answer in proper APA format including Times New Roman with font size 12 and double spaced with proper references and in text citations.

      Answer

      Study Cred Tutor

      4.6 (24k+)
      4.6/5

      Purchase the answer to view it

      ×

      Hello!

      Click one of our contacts below to chat on WhatsApp

      × How can I help you?