Policies might change as a result of competitive requirements, external regulations, new business models, and other factors.

竞争需要、外在的规则、新的业务模型以及其他的因素都有可能导致策略的变更。

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But extending far beyond policies and procedures that benefit employees, good governance is what keeps a company profitable and competitive.

但是与创造有利于员工的政策和程序相比，好的管理可以保持公司的利润与竞争力。

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Adding to rail's competitive advantage, European environmental policies are likely to force an increase in airline ticket prices over the next few years.

铁路部门在竞争中还有一个有利条件——欧盟的环境政策在未来几年内很可能会迫使机票价格上涨。

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And it could allow co-operatives like the Associated Press to reinstate anti-competitive policies that were found illegal long ago, such as allowing current members to block their direct rivals from joining.

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These pro-growth reforms are the result of tax competition, or the pressure to adopt competitive economic policies that is put on governments by an increasingly globalized society where both labor and capital are mobile.

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My sense is that the yen is still overvalued, pushed up by the relative weakness and competitive devaluation policies of other countries, including the U.S. But at least, for Japanese industry, the worst seems to be over, and confidence is returning, bouyed in no small measure by the blowout profit performance and forecast by the emaculate Toyota (NYSE:TM).

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