Environmental Factors (PESTEC) Flashcards
What is the positive impact that weather has on a business?
A business could be impacted by spells of favourable weather, for example during prolonged periods of snow the ski industry in Scotland will see an increase in customers.
What is a negative impact that weather has on a business?
Prolonged spells of adverse weather, such as snow, can affect the transport networks across the UK. This will make it difficult for deliveries of materials to arrive and for staff to get to work, therefore causing production to slow down or cease entirely.
What is the positive impacts on Recycling on a business?
Organisations encourage recycling by their customers in order to impact less negatively on the environment. For example, retailers discourage the us of plastic bags and sell ‘bags for life’ which will lower the cost to the retailers of providing plastic bags and gain the company a favourable reputation for being ‘environmentally friendly’.
What is the negative impacts of Recycling on a business?
Organisations need to undertake recycling, for example, of waster paper and printer cartridges, but it takes time, effort and money to recycle rather than just disposing of waste.
What is the positive impact on Carbon footprint on a business?
Organisations are encouraged to reduce their carbon footprint. This means to lower the amount of emissions from fossil fuels released into the atmosphere. Business that do this, for example, by utilising renewable energy, will eventually save money on fuel bills.
What is negative impact of Carbon Footprint on a business?
There is a financial cost associated with investing in renewable energy, for example, solar panels or wind turbines to power factories.