macro environmental factors Flashcards

1
Q

legal and government factors

A
  • employment laws and regulations
  • environmental legislation
  • industry regulations
  • council regulations
  • taxation requirement
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

legal and government regulations

A

laws passes by local (council), state (VIC), or federal (AUS) governments to protect consumers, the community and the environment while encouraging for fair trade

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

compulsory legal requirements

A
  • ABN, Australian business number
  • council regulations and planning including zoning laws
  • specific government industry regulation requiring staff licenses eg. food/childcare
  • public liability and business insurance ( to protect the public and your assets)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Legal requirements ABN

A
  • ability to claim back goods and services tax GST

- identifies your business and uses on invoices to link bank accounts

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

legal requirements - local council

A
  • choosing a location/zoning/premisses permission
  • required customer parking
  • external signage
  • renovating a shopfront
  • refurbishing internal shop
  • outdoor seating, tables or heating
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

public liability and business insurance

A
  • public liability insurance: people on your property
  • vehicle insurance: third party/comprehensive
  • workers compensation insurance: workers hurt at work
  • business insurance: protects your assets
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

specific industry regulation

A

requiring staff licences/qual/rego

eg. restaurant —> chefs require food handling cert
- —-> bar staff require RSA (responsible service of alcohol cert)

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