Business and the Environment

Question 1

What is a pressure group?

Answer 1

organisations that try to get business to change what they are doing

Question 2

what do pressure groups look at?

Answer 2

animal rights
workers rights
environment
world poverty

Question 3

what can pressure groups do?

Answer 3

bad publicity resulting in damaged reputation

Question 4

short term environmental impacts

Answer 4

traffic congestion from transport and deliveries

air, noise and water pollution from manufacturing and industry

Question 5

long term environmental impacts

Answer 5

climate change

depletion of land, flood and natural resources

Question 6

factors affecting international trade?

Answer 6

how developed a country is

government regulations on imports and exports

Question 7

many businesses are looking abroad for materials and ,moving the whole business there why?

Answer 7

lower production costs

cheap resources, cheaper wages, products cheaper when bought from abroad and sold in the Uk

Question 8

Why are developing countries a threat to uk businesses

Answer 8

Uk buys cheaper imports, Uk suffers because of poor quality

Question 9

what is a tariff?

Answer 9

tax on imports.. more expensive

Question 10

quotas

Answer 10

putting a physical limit on the number of imports allowed

Question 11

what is an export subsidy?

Answer 11

reduce price of exports and encourage exporting firms , making them more competitive

Question 12

what are the EU regulations?

Answer 12

health and safety law, rights

Question 13

businesses will often take measures to avoid these laws.. how>

Answer 13

move businesses to a country where corporation tax is lower
producing products in countries with low minimum wages
selling goods in countries with relaxed laws on health and safety

Question 14

short term impacts of EU laws

Answer 14

increase costs

Question 15

long term impacts on EU laws

Answer 15

more ethical and competitive, better brand image

Question 16

benefits of the minimum wage?

Answer 16

small businesses can compete with big business who might force down wage rates
increased productivity
increased customer service

Question 17

disadvantages of minimum wage?

Answer 17

increase costs
higher prices charge
less people buy
less sales
less profit

Question 18

benefits of maternity rights?

Answer 18

better relationships with workers

increase job security and motivation

Question 19

drawbacks of maternity rights?

Answer 19

increase costs

Question 20

without maternity rights

Answer 20

less productivity and products
less sales
less profits
have to train new staff

Question 21

benefits of health and safety

Answer 21

fewer work related injuries
people feel safer
more productive

Question 22

explain one disadvantage of a business not behaving ethically? 3

Answer 22

customers will no longer trust them, damaging their brand image, customers will go to completion.. less sales

Question 23

advantage of minimise impact on environment 4

Answer 23

better reputation, better brand image, stand out against competition, charge higher prices leading to higher profits

Question 24

disadvantage of minimising environmental impact 4

Answer 24

higher costs, raise prices to have suitable profit margins, meaning customers will go to competition= lower sales