Deal With Credit Issues

Some organizations develop patterns of thought that enable partnerships to produce the outcomes desired. Others choose to operate with attitudes that preclude any chance of success. Reflect on your own organization using the Past/Future Orientation Assessment (Assessment 7).What is its orientation: past or future?

Win-Lose vs.Win-Win Style of Conflict Resolution. A win-lose conflict resolution style (past orientation) creates losers. Losers are neither happy, self-satisfied, nor proud. They want to get even. A win-win conflict resolution and problem-solving style (future orientation) works toward achieving a mutually agreeable plan. In terms of its conflict resolution style, is your organization closer to a past orientation or a future orientation?

Individual Performance vs. Teamwork. A team spirit requires a certain amount of trust between members (future orientation). Without trust and openness, teams cannot perform well.Without appreciable teamwork, an organization won’t achieve potential synergies, nor will it encourage creativity and innovation (past orientation). How would you rate your organization’s ability to support the concept of teamwork?

Once you have calculated the ‘amount liable to CGT’ you still need to know how much tax to pay the IR. The rate at which CGT is payable depends on the individual taxpayer’s income tax rate for the year in question. The amount liable to tax is treated as the ‘top slice’ of your income (i.e. it is added to your income for the year) and charged to CGT at the rate applicable (sometimes known as the ‘marginal rate’).

Depending on your total income for the year, the rate could be at the basic rate or the higher rate, or some at the basic rate and the balance at the higher rate.

It is obviously useful if you can estimate in advance what the likely CGT consequences of your asset disposals it will be. You should get expert taxation advice on this and will help if you have kept your business records in an orderly fashion.

The economic influences on pricing include monopoly and the extent of competition. Antitrust legislation aims to stop abuses of market power by big companies and to prevent mergers or acquisitions that would create a monopoly. Supply and demand affect pricing, because generally when supply exceeds demand prices will fall. The converse is also true: when demand exceeds supply prices will rise. One sales technique is often to stimulate demand by creating a perception of scarcity. Linked to this concept is price elasticity of demand, which highlights how the volume of demand is influenced by changes in price.