Using legal strategies to reduce one's tax liability is known as ________

Fill in the blanks with correct word

tax avoidance

Business

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The absence of a legal system that protects property rights and the lack of machinery to enforce that system in a market economy usually results in:

A. an improvement in the operating efficiency of newly privatized firms. B. reduced barriers to foreign direct investment and international trade. C. an increase in the incentives to engage in economic activity. D. deregulation and privatization of the economy. E. the lack of incentive to engage in economic activity.

Business

The objective of customer order fulfillment is to

A) get the correct orders to customers by the promised due date at the lowest possible cost. B) maintain a record of product receipt and complete payment. C) maximize the conversion of customer arrivals to customer orders. D) ensure that orders are quickly and accurately entered and communicated to other affected supply chain processes.

Business