Contoh Soal Ujian Bahasa Inggris Niaga UT dan Kunci Jawabannya
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Jenis Media: News
Contoh Soal Ujian Bahasa Inggris Niaga UT
1. The black economy is all economic activity in a given economy that occurs outside or in violation of the prevailing laws and regulations of society.Activity in the black economy is often illegal, usually untaxed, and rarely recorded by official economic statistics. What problems will arise if black economy occured in a country?
The Black Economy or Black market certainly has an impact on state finances:
The first is that the government loses revenue. The purpose of transactions made on the black market is to avoid any kind of tax paid to the government. Because of this, the government can lose revenue due to the black market.
Second, the black market causes losses for legal industries. The number of types of goods that can be found at lower prices than official goods can certainly make the legal industry suffer losses due to the declining number of consumers. The most frequently encountered are smartphones. Smartphones on the black market are usually sold at a much cheaper price than in official stores.
Third, the black market makes it difficult for the country's economic development. Everything on the black market is illegal and all transactions are not recorded. In the absence of such records, the government will find it difficult to estimate the economic status of the country. As a result, it is also difficult for the government to plan and implement policies for the country's economic development.
2. President Joko Widodo alluded to improper practices in digital trade that have killed domestic Micro, Small and Medium Enterprises (UMKM). This practice is predatory pricing, selling goods at very cheap prices in e-commerce by offering discounts to customers.What will happen to the market if this situation continues?
Predatory pricing practices have occurred in the digital and e-commerce realms. The price cut will indeed attract the attention of buyers, but when this is done by 'selling at a loss', aka price subsidies rather than cutting margins, the industry becomes unhealthy.
As a result, other players who want to participate in gaining market share inevitably have to do the same price discount. This will continue to be reciprocated going forward. The most benefiting from this practice, according to Untung, is a platform that has a large capital power.
Predatory pricing is usually carried out by companies whose business scale is large and efficient. Thus they can sell their goods so low as to kill their competitors, Companies that are not prepared for this practice will fall one by one. Inevitably there will be monopolistic practices later by big companies.
Predatory pricing and various forms of discount promos will make the market more price sensitive. Consumers will look for lower prices and less value more quality.
On the other hand, manufacturers such as Small and Medium Enterprises (MSMEs) with minimal margins will lack costs for product development. Finally, the products to be created are more oriented towards cheap than quality.
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