What effects of the political and regulatory environment enables and constrains how Tylenol reacted?

What effects of the political and regulatory environment enables and constrains how Tylenol reacted?

 

Answer:

Political and regulation on enviornment degradation is a burning issue to bring stability in business enviornment . Due to multilateral trade relations firms can become profitable but also suffer threat of market risk and instability. Use of trade blocs like NAFTA to boost export so as to encourage trade and help promote domestic businesses. However some government would like to have a closed view on trade to protect market expropriation where foreign firms may exploit labour , resource and cause enviornmental damage in the host country. Use of patent, trademark ,pricing policies,product safety and enviornmental controversy. Placing tariffs , taxes and excise to increase government revenues and protect domestic producers by raising price of imported goods and balance trade relations.

Asked on February 15, 2018 in economics.
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