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WorksheetsBUSINESS INFLUENCES 1
Total questions: 12
Worksheet time: 4mins
Changing Laws and Legislation: Increasing national minimum wage
Positive impact
Negative impact
Changing VAT rates: The government increase VAT to 25%
Positive impact
Negative impact
Changing Laws and Legislation: The government could introduce environmental protection laws that will give law abiding organisations positive CSR.
Positive impact
Negative impact
Public Spending on Infrastructure: Public spending improves certain areas. If you were a Falkirk based business, would you directly benefit from Edinburgh's improved infrastructure (tram network)?
Yes
No
Public spending on infrastructure: A new multi-storey car park is built in Aberdeen City Centre with low parking rates. What impact will this have on Aberdeen businesses?
Positive impact
Negative impact
Changing corporation tax: The UK government reduce corporation tax to 17%
Positive impact
Negative impact
Which one(s) are influence(s) of an employee.
They can provide good customer service to the customer
They can take industrial action e.g. strike
They want job satisfaction and good working conditions
They can provide a poor service to the customer
Businesses have some control over Internal Factors
True
False
Which ones are examples of how finance can affect a business?
Having lots of finance means new products can be developed
Running low on finance means that employees may have to be made redundant
Having lots of finance means having to cut costs
Having lots of finance available means staff can be given pay rises
Businesses aim to be socially responsible. What does this mean?
To do things in a way that won’t harm anyone or the environment.
To make as much profit as possible.
To have as many customers as possible.
To employ only people who have been unemployed for longer than one year.
Survival is often the aim of many businesses. What does this mean?
To cut down expenses.
To become larger and increase the number of shops.
To protect the environment and not pollute it.
To make sure the business continues and doesn’t fail.
Give a description of the Private Sector.
Owned by the government on behalf of the taxpayer.
Owned and regulated by the government and aim to raise funds and awareness
Owned by a sole trader
Owned by private individuals who aim to make a profit.
