Laws, Competitive environment Edexcel business a level 2.5

Laws include : Consumer protection, Employee protection, Competition policy, Environmental protection and :

• Health and wellbeing

• Health and security

• Health and safety

• Health and happiness

Which law would be used to prevent two large firms colluding to fix prices ?

• Environmental protection

• Employee protection

• Health and safety

• Competition policy

Health and safety law protects :

• employees only

• employees and customers

• customers only

• shareholders and investors only

Safety equipment should be provided :

• only if workers ask for it

• only if it is affordable

• only if the firm has more than 250 workers

• by the employer

Which of the following relates to a radioactive hazard ?

• 
• 
• 
• 

What colour are warning signs ?

• red

• yellow

• blue

• green

• The image above relates to employment law

• The image above relates to competition law

• The image above relates to health and safety law

• The image above relates to environmental law

Competition law is used to block a takeover or merger (eg. Sainsburys / Asda) if

• prices will be lower

• consumers will have more choice

• if will lead to more innovation

• smaller competitors are disadvantaged

Employee protection law relates best to :

• Herzberg's hygiene factors

• Herzberg's motivators

• Mayo's group norms of behaviour

• Taylor's scientific management

Employment protection : What is the minimum wage in the UK for age 18-20 ?

• £ 6.56

• £ 8.91

• £ 4.62

• £ 12.04