Bonga Wellington Garikai

Integrity is a concept of consistency of actions, values, methods, measures, principles, expectations, and outcomes.

During the global crisis many countries were facing difficulties, so as various companies in the respective countries. And as an effort to answer the objective of survival, many companies were forced to cut operations. Cutting operations also meant reducing workforce related to the slashed operations not key to survival.

For the current decade exportation has been increasing yearly, globally. This has been due to various static and dynamic factors. In many cases, exporting is a means to increase a company's overall market size. This usually occurs when a company has reached a certain saturation or limit in its domestic market and it needs to expand.

The longer the depression lasts the more unacceptable it becomes.

Economic recovery process is not a self directing process, although it has correlation with business cycles and other economic trends. The process requires high volumes of cooperation among various economic sectors towards achievement of one common goal surrounded by other supporting goals, which are the pillars and equally needs proper attention.

Banking institutions are still struggling after the economy restoration. 10 out of 25 financial institutions have recorded losses in the first quarter of 2010 ending 31 March. The recorded losses were mainly caused partly by high non-interest expenses in the form of salaries, employment benefits and general administration expenses against that there is low income generation capacity.

Generally, each product has its path from the time it enters the market until it is phased out of the market, and organizations usually engage in product portfolios to cover up declining products.

High levels of inflation are not desired as it is associated with many consequences. When the price level rises, each unit of currency buys fewer goods and services.

A desirable property of a tax system is that income elasticity and buoyancy should be equal or greater than unity. Such property ensures that revenue growth keeps pace with that of Gross Domestic Product (GDP) without frequent discretionary changes.

The business environment is too complex especially with increased globalization and hence have to be understood adequately for the continuous operation of the business. Business environment refers to the surrounding atmosphere on which the business operates and the environment encompass the cultural aspect, political dimension and environmental aspect.