Political, Social & Legal Environment

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Presentation transcript:

Political, Social & Legal Environment BTEC Business Assignment 4 – P6/M3/D2

Learning Objective Today’s learning objective is: To explore the political, social and legal factors that affect business.

Briefly explain ALL of the factors (theory) Political Factors P37-40 political stability government support for different types of organisations private voluntary public fiscal levels and types of taxation direct support grants loans providing infrastructure Transport internet enhancing skills of the working population education training research organisations to support businesses Business Link (gov.uk has replaced Business Link and DirectGov membership of international trading communities European Union Briefly explain ALL of the factors (theory) Learning Objective: To explore the political, social and legal factors that affect business.

Briefly explain ALL of the factors (theory) Legal Factors P40-43 providing framework for business e.g.: company law protecting consumers and employees e.g.: contract law employment law consumer protection ensuring fair and honest trading e.g.: competition law Briefly explain ALL of the factors (theory) Learning Objective: To explore the political, social and legal factors that affect business.

Briefly explain ALL of the factors (theory) Social Factors P43-45 demographic issues e.g.: population growth or decline changes in structure e.g.: ageing households and families education attitude to work religions attitudes to male and female roles ethics Briefly explain ALL of the factors (theory) Learning Objective: To explore the political, social and legal factors that affect business.

Complete the document P6 Table that has been emailed to you Choose ONE business that operates in two different business environments (2 different countries) Complete the document P6 Table that has been emailed to you Learning Objective: To explore the political, social and legal factors that affect business.