Direct Tax:
Impact and incidence is on the same person e.g. PAYE, imports or exports, corporate tax etc.
Tend to be elastic
Indirect Tax:
Impact and incidence falls on different persons.
Tend to be inelastic since these taxes are imposed mainly on the necessities examples
Post navigation
Recent Posts
Exactly what constitutes the management task is often unclear or misunderstood.Required: Explain the five main duties of a manager, according to the writer Henri Fayol
To what extent is the concept valid in modern management practices?
Many organisational decisions are made by groups in form of committees, task forces, review panels, study teams or similar groups. What are the advantages and disadvantages of group decision making?
A marketing director is planning to launch a product, which is claimed to be of superior quality to the existing products, into a competitive but growing market. What factors should she bear in mind when setting the price?
Clearly distinguish between corporate mission, vision and core values
With the help of examples, evaluate the statement that “the leader is more important than the followers as the key to an organisation’s success”
Define the “Peter Principle” as a management concept
Conflict is an inevitable feature of organizations but is rarely recognized or understood. Required: Briefly describe characteristics of conflict which may be observed in the workplace
What are the key qualities of a good corporate vision?
“Some management experts feel that control (that is, setting standards, measuring performance against them and taking corrective action when needed) hinders creativity. Others take the opposite view”. With the help of examples give arguments in support of each view
