What this topic covers
Influences on business has 6 subtopics:
- Technology
- Ethical and environmental considerations
- The economic climate on businesses
- Globalisation
- Legislation
- Competitive environment
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GCSE AQA Business · Topic 2 of 6
Influences on business – GCSE AQA Business revision notes
Choose a subtopic. Influences on business covers Technology, Ethical and environmental considerations, The economic climate on businesses, and Globalisation in GCSE AQA Business. 13 lessons in 6 subtopics.
Revise Influences on business for GCSE AQA Business, including Technology, Ethical and environmental considerations, and The economic climate on businesses.
13
Lessons
6
Subtopics
Influences on business lessons by subtopic
13 lessons, grouped by subtopic.
Technology
- E-commerce and Digital Communication: Explore how e-commerce and digital communication impact businesses.
Ethical and environmental considerations
- Environmental Impact: Traffic, Waste & Pollution: Explore the impact of businesses on traffic congestion, waste disposal, and various forms of pollution.
- Resource Use & Global Warming: Investigate how businesses contribute to global warming and the use of scarce resources.
- Ethics, Environment & Sustainability: Understand ethical and environmental considerations for businesses and the importance of sustainability.
The economic climate on businesses
- Interest Rates and Business: Explore how interest rates impact business finance and spending.
- Employment and Consumer Spending: Learn about the relationship between employment levels and consumer spending.
Globalisation
- Globalisation: Better, Cheaper, Faster: Explore how globalisation leads to better designs and higher quality products at lower prices.
- UK Businesses Competing Globally: Understand how UK businesses compete internationally and the role of exchange rates.
Legislation
- Employment and Health & Safety Law: Explore the key aspects of employment law and health & safety legislation, understanding their impact on businesses.
- Consumer Law: Learn about consumer law and its implications for businesses, focusing on rights and responsibilities.
- National Minimum Wage, Living Wage and Equality Act: Understand the legal requirements of the National Minimum Wage, the Living Wage, and the Equality Act 2010.
Competitive environment
- Market Dynamics and Competitive Impact: Explore the fundamentals of markets and competition, analysing their potential impacts on businesses. Discover situations where businesses experience minimal or no competition.
- Uncertainty, Risks, and Entrepreneurial Drive: Examine the risks businesses face and the underlying reasons for uncertainty. Understand why entrepreneurs embark on running businesses and what activities can be done to minimise risks
More in this course
Go back to the full GCSE AQA Business topic list, or practise this topic with past-paper questions.
Frequently asked questions
What is Influences on business?
Influences on business covers Technology, Ethical and environmental considerations, The economic climate on businesses, and Globalisation in GCSE AQA Business. 13 lessons in 6 subtopics.
What is the Bank of England base rate?
The base rate is the interest rate set by the Bank of England, which influences interest rates across the economy. The Interest Rates and Business notes cover this in full.
What is the Consumer Rights Act 2015?
The Consumer Rights Act 2015 gives consumers clear rights when buying goods, services and digital content. The Consumer Law notes cover this in full.
What is the Health and Safety at Work Act 1974?
The Health and Safety at Work Act 1974 is the main UK health and safety law. The Employment and Health & Safety Law notes cover this in full.
What is unfair dismissal?
Unfair dismissal is sacking an employee without a fair reason or a fair procedure. The Employment and Health & Safety Law notes cover this in full.
What is the Real Living Wage?
The Real Living Wage is set independently by the Living Wage Foundation and is higher than the government's National Living Wage. The National Minimum Wage, Living Wage and Equality Act notes cover this in full.
What is e-commerce?
E-commerce is the buying and selling of goods and services over the internet, including processing payments and managing orders digitally. The E-commerce and Digital Communication notes cover this in full.
What is a risk assessment?
A risk assessment identifies hazards in the workplace, evaluates the likelihood and severity of harm, and sets out control measures to reduce the risk. The Employment and Health & Safety Law notes cover this in full.
What is a circular economy?
A circular economy is a model where waste from one process becomes an input for another. The Environmental Impact: Traffic, Waste & Pollution notes cover this in full.