Legislatuon Flashcards

1
Q

Consumer protection targets:

5

A
>consumer rights
>prices 
>product quality
>product safety
>trading and age restrictions
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

How does consumer protection affect businesses

A

> dealing with complaints
increases in costs
changes in business practices
quality control

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Employee protection

Legal obligations

A

> employment contract
discrimination
unfair dismissal
equal pay

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

How does employment legislation affect businesses

A

> changing working practices
loss of flexibility
higher labour costs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Environmental protection problems:

A
With out this business activity may have an adverse effect on the environment
Problems include:
>pollution
>destruction of wildlife habitats
>traffic congestion
>resource depletion
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

How does environmental legislation effect businesses

A

> operations management
marketing
finance

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Competition policy

A

This stops firms exploiting consumers by using anti competitive practices this includes:
>increasing prices
>restricting consumer choice
>raising barriers to entry

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

How does competition policy affect businesses

Neg

A

> negatively by constraining firms activities

> positively as more start ups can happen, more competitiveness will benefit the economy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Health and safety

A

Due to danger employees face the government aims to protect them by improving health and safety. This includes:
>providing adequate safety equipment
>ensuring workers have enough space to complete their work
>guaranteeing a hygienic environment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

How does H&S affect business

A

> penalties if not complied with
costs
improve business image

How well did you know this?
1
Not at all
2
3
4
5
Perfectly