Dunno B Flashcards

1
Q

Equality act year and function?

A

2010

Stop discriminations against employees.

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2
Q

Employees act (3)

A

Trade union
Maternity/paternity leave
Adequate breaks.

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3
Q

Health and safety act date and aim?

A

1974
Give employees adequate breaks.
Safety equipment & clothing.
Temperature of work environment.

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4
Q

Effect of health and safety law?

A

Increase business costs.

Less likely to pay fines.

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5
Q

Consumer laws

A

Stop business lying to customers.

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6
Q

Consumer right act date & aims?

A

2015.
Repairs & replaces faulty products
Products quality.

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7
Q

Labelling of products 3 acts and dates.

A

Labelling of food regulations 1970.
Weights and measures 1985.
Protection from unfair trading regulations 2008

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8
Q

Safety of products 3 acts?using information

A

Food act1984.
Consumer protection 1987.
Food safety 1990.

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9
Q

3 examples of how businesses are affected by consumer law?

A

Increase business costs.
Protect from laws.
Make safe products for consumers.

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10
Q

Good?

A

A physical product.

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11
Q

Service?

A

A product you cant touch.

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12
Q

Customer

A

Someone who buys a product.

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13
Q

Consumer

A

Someone who uses a good or services.

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14
Q

Why start a business?

A

Flexible work hours.
Make their own decisions.
Keep the profits.

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15
Q

Social enterprise?

A

Business set up to help society rather than for a profit (NHS)

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16
Q

Enterprise

A

Kills the people who are involved in the business posses.

17
Q

Opportunity cost?

A

What you lose by making a decision. Ordering pizza, you get pizza but the cost is the money.

18
Q

3 characteristics of an entrepreneur?

A
Innovative.
Risk taker.
Determined.
Passionate.
Organised.
19
Q

3 business sectors?

A

Primary, secondary and tertiary sector.