Polititcal Influences On Business

Question 1

Political influences on business at a local level?

Answer 1

Planning permission
Health and safety 
Trading applications 
Legislation 
Political viewpoints
Taxation/business rates

Question 2

Political influences on business on a national level?

Answer 2

Change in government 
Legislations 
Trade agreements 
EU laws 
Tax changes 
Political viewpoint 
Political imbargos

Question 3

Political influences on business on an international level?

Answer 3

Trade agreements
Legislations
Taxation
Aid relief

Question 4

How do these political influences effect business on a wide range?

Answer 4

• able to trade effectively if they have a trade agreement
• often leads to either higher or lower costs
• direct impact upon sales
• may lead to change of supplier
• changes in demand and supply
• changes in the way in which the business operates

Question 5

Political influence is on 3 levels, what are these 3 levels?

Answer 5

Local level
National level
International level

Question 6

Example of political influence on local level?

Answer 6

Producing alcoholic drinks

Must have a licence which can be difficult etc

Question 7

Example of political influence on a national level?

Answer 7

Expanding airports - 3rd runway at Heathrow
Political party will be the one to decide
Creates jobs as well as destroying environment

Question 8

Example of political influence on an international level?

Answer 8

Russia invading Ukraine
Caused EU to stop all trade agreements with Russia
Knock on effects for businesses reliant on this trade ie. Oil

Question 9

Example of political influence on local level?

Answer 9

Producing alcoholic drinks

Must have a licence which can be difficult etc

Question 10

Example of political influence on a national level?

Answer 10

Expanding airports - 3rd runway at Heathrow
Political party will be the one to decide
Creates jobs as well as destroying environment

Question 11

Example of political influence on an international level?

Answer 11

Russia invading Ukraine
Caused EU to stop all trade agreements with Russia
Knock on effects for businesses reliant on this trade ie. Oil