Random Flashcards

1
Q

STEEPLE FACTORS

A
Social 
Technology 
Environment 
Ethical 
Political 
Legal 
Economic
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2
Q

Inflation

A

Tendency for prices to rise

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3
Q

Consumer price index

A

Examines weight off prices of customer goods

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4
Q

Indirect tax

A

Tax on spending paid to authorities

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5
Q

Direct tax

A

Tax on income paid by bearer to tax authorities

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6
Q

Subsidy

A

Payment to taxpayers

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7
Q

Business cycle

A

Boom
Recession
Slump
Recovery

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8
Q

Ethics

A

Something morally right or wrong

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9
Q

Ethical behaviour pros

A
New customers
Better quality employees
Encourage employees to stay with business
Encourage investment 
Positive publicity
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10
Q

Ethical behaviour cons

A

Increased cost
Less competitive prices
Could build expectations

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11
Q

Technological factors

A

Computer software/hardware
Wireless charging
Automation

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12
Q

Computer hardware

A

Parts of computer

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13
Q

Computer software

A

Programs

Apps

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14
Q

Tariffs

A

Tax paid on impacts, make imports more expensive

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15
Q

Quota

A

Limit on total quantity of product

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16
Q

Single market

A

One set of rules and regulations

17
Q

Why to rejoin eu

A

Free movement of people

Easier recruitment