Chapter 6 Flashcards
What does PESTLE stand for?
Political, Economic, Social, Technological, Legal and Environmental
What is Political mean in regards to PESTLE?
Impact of government policies. Tax
What is Economic mean in regards to PESTLE?
Recession, inflation, interest rates, unemployment and cost of living
What is Social mean in regards to PESTLE?
Social factors in environment i.e. fashion trends, culture
What is Technology mean in regards to PESTLE?
Advancements and product developments
What is Legal mean in regards to PESTLE?
Changes in the law
What is Environmental mean in regards to PESTLE?
Business carbon footprint, noise pollution
What is the rule of law and democracy?
political systems and government policy affect the way organisations are run, via sources of legal authority
What is the political system?
Set of formal legal institutions that constitute a government or a ‘state’.
What are the levels of political systems?
Global legislation
National legislation
Local
What are the sources of legal authority?
Supra-national
National
Regional
What is a supra-national legal authority and give an example?
International group, members make decisions together e.g,. European union
What is a national legal authority and give an example?
National government e.g., parliment
What is a regional legal authority and give an example?
Local councils, state governments
What is government policy?
Policy outline what it wants to achieve as a whole e.g., health policy, housing, education
What is government legislation?
Sets out standards and procedures and principles that must be followed
What does government policy shape?
Government legislation
What is employee protection?
By law all workers have rights
What is constructive dismissal?
When an employee resigns because their employer has breached their contract
How and when would an employee claim constructive dismissal?
if an employer reduces wages without agreement, unlawfully denotes them, allows harassment, makes them work in dangerous conditions
What is unfair dismissal?
could be is their employer does not have good reason or follow the company’s formal disciplinary or dismisal process
What are some examples of unfair dismissal?
asking for flexible work, joining trade union, pregnant, needing time off for jury duty, discrimination over employee’s race
What is wrongful dismissal?
When an employer breaks the terms of an employee’s contact in the dismissal process e.g., without notice
What is redundancy?
no longer needs anyone to do the job
