External Influences On A Business Flashcards
Give examples of the employment protection law-
Employment rights act
Minimum wage act
Working times regulations
Employment act
What is the employment protection law put in place for?
Protect the rights of employees
Give examples of the consumer protection law-
Sales of goods
Trade descriptions act
Give examples of equal opportunities act-
Recruitment- age, race etc is all hidden
Any form of discrimination in the work place is forbidden
Equal oats act
Give examples of health and safety laws-
Health and safety at work act
Employers must rain and buy equipment to protect employers and customers
Employees must wear protective gear provided
Give examples of environmental laws
Keep pollution to a minimum
Recycle packaging
Managing waste
What is the tax and national insurance law for?
They both must be paid and deducted from employees wages
Describe the social and ethical concerns
Businesses do not operate in isolation and they have an obligation to make desicions that do not have a detrimental impact upon today’s society. This involves treating stakeholders responsibly and considering the needs of:
Employees
Customers
Suppliers
What is the trade union?
It is an organised association of workers in a trade, group of trades, or profession formed to protect their rights and further interests
An employee would join the trade union to ensure that they were protected
What is a pressure group?
A group that tries to influence public policy in the interest of a particular cause