cover oligopolistic.docx - cover oligopolistic and anti-trust behaviour mergers acquisitions unfair market practices product safety liability 5 RAB

cover oligopolistic.docx - cover oligopolistic and...

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cover oligopolistic and anti-trust behaviour, mergers & acquisitions, unfair market practices, product safety, liability. 5. RAB : Responsible for the stability of the economy. It sets monetary policy: prints money, monitors inflation, sets interest rates. 6. FRC : › The FRC is responsible for overseeing the accounting and auditing standard setting process in Australia, for the public and private sector › It monitors the implementation of IFRS and evaluates their applicability in the resource-driven economy of Australia. It makes regular submissions to the IASB and influences global standard setting › Its members include representatives from business, the professional accounting bodies, regulatory agencies, state governments and commonwealth. Ethics in business and accounting : Business ethics is evaluate the impact of a business to a broader class of stakeholders: economy, society, environment › Business ethics is concerned with evaluating how well the scarce human and natural resources are being put into use, to
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