Business and the Environment Flashcards
What is a pressure group?
organisations that try to get business to change what they are doing
what do pressure groups look at?
animal rights
workers rights
environment
world poverty
what can pressure groups do?
bad publicity resulting in damaged reputation
short term environmental impacts
traffic congestion from transport and deliveries
air, noise and water pollution from manufacturing and industry
long term environmental impacts
climate change
depletion of land, flood and natural resources
factors affecting international trade?
how developed a country is
government regulations on imports and exports
many businesses are looking abroad for materials and ,moving the whole business there why?
lower production costs
cheap resources, cheaper wages, products cheaper when bought from abroad and sold in the Uk
Why are developing countries a threat to uk businesses
Uk buys cheaper imports, Uk suffers because of poor quality
what is a tariff?
tax on imports.. more expensive
quotas
putting a physical limit on the number of imports allowed
what is an export subsidy?
reduce price of exports and encourage exporting firms , making them more competitive
what are the EU regulations?
health and safety law, rights
businesses will often take measures to avoid these laws.. how>
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
short term impacts of EU laws
increase costs
long term impacts on EU laws
more ethical and competitive, better brand image
benefits of the minimum wage?
small businesses can compete with big business who might force down wage rates
increased productivity
increased customer service
disadvantages of minimum wage?
increase costs higher prices charge less people buy less sales less profit
benefits of maternity rights?
better relationships with workers
increase job security and motivation
drawbacks of maternity rights?
increase costs
without maternity rights
less productivity and products
less sales
less profits
have to train new staff
benefits of health and safety
fewer work related injuries
people feel safer
more productive
explain one disadvantage of a business not behaving ethically? 3
customers will no longer trust them, damaging their brand image, customers will go to completion.. less sales
advantage of minimise impact on environment 4
better reputation, better brand image, stand out against competition, charge higher prices leading to higher profits
disadvantage of minimising environmental impact 4
higher costs, raise prices to have suitable profit margins, meaning customers will go to competition= lower sales
