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Thought for the day:. “I hear, and I forget. I see, and I remember. I do, and I understand’. -- Chinese Proverb. Impact of business decisions on people, the economy and the environment . How to get an A. A Grade.
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Thought for the day: “I hear, and I forget. I see, and I remember. I do, and I understand’.-- Chinese Proverb
Impact of business decisions on people, the economy and the environment
How to get an A A Grade Evaluate, discuss, justify, advise, recommend. reasoned explanations, develop arguments, understand implications and draw inferences Examine, Analyse, Interpret, Formulate, Cause and Affect, advantages & disadvantages. A04 Evaluation Apply facts, terms, concepts, theories and techniques to business problems and issues. Link to a business. A03 Anayslis A02 Application facts, terms, concepts and conventions appropriate to the syllabus; theories and techniques A01 Knowledge & Understanding
Government influence on location decisionsGovernment regulation of the workforce and the working environment (H&S, employment protection)Consumer protection
Government influence on location decisions The effects on the business (government grants, subsidies and planning regulations) Give examples (Singapore/Australia) Pg 231 – spider diagram, for each point write at least three comments (what is it, how does it effect the business)
Government regulation of the workforce and the working environment (H&S, employment protection) • Protecting consumers • Industrial relations - Trade unions • Employee protection legislation • Business and Ethics • Each table research and create a information/fact sheet to distribute to peers.
Industrial • Describe the work of trade unions • Show awareness of the benefits that union membership can provide for employees • Show an awareness of how trade unions can influence business behaviour • Use examples to show how business behaviour might be modified in terms of levels of pay and treatment of employees
Ethical • Show an awareness of ethical considerations in business activity • Show awareness of the possible conflict between the profit motive and ethical considerations such as exploitation of employees [e.g. using child labour]
Health & Safety • Demonstrate an understanding of the importance of health and safety requirements • Use examples to show how businesses might have to change their behaviour to conform to legislation regarding conditions at work [e.g. protection from dangerous machinery, safety equipment and clothing, hygienic conditions and hours of work]
Employment • Understand the main features of employment contracts and employment legislation • Describe the main features of an employment contract • Understand why employees need protection against discrimination and unfair dismissal • Use examples to demonstrate such protection in terms of racial and gender discrimination
The Consumer • Understand how and why consumer interests are protected • Demonstrate an understanding of the ways in which consumer protection benefits consumers e.g. protection against dangerous products and substances, misleading selling • Use examples to illustrate the need for such protection
3 minutes silent writing • What are the main methods of government intervention on business activity and how do these impact the business.
p • Pg 236
PlenaryLevel achieved_____ What do you now know as a result of today’s lesson? What are your areas for improvement? What are you going to do about this?