

Impact of Government Policy (3.7.4 AQA)
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Business
•
12th Grade
•
Medium
E Osborne
Used 6+ times
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9 Slides • 9 Questions
1
Impact of Government Policy (3.7.4 AQA)
Mrs Osborne (December 2020)

2
Multiple Select
Which of the following is a section on Kaplan and Norton's Balanced Scorecard?
Financial perspective
Health & Safety perspective
Learning & Growth
Business processes
3
Multiple Select
Which of the following are evidence of short-termism?
Low investment in R&D
Performance rewards based on 12 month time frame
Investing in training and development
Building long term relationships with suppliers
4
Multiple Choice
Short-termism is likely to be a particular problem for which business?
Technology Management LTD
Butler & Daughter Removals
Burberry Group PLC
DJC Window Cleaning
5
Open Ended
Why is short-termism associated with Public Limited Companies in the UK?
6
Learning Objectives:
How does government policy affect business?
7
Role of Regulators
Price controls
Regulating the product or service provided
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Government Policy: Infrastructure
Transport
Education
Medical facilities
National grids for utilities
ALL RAISE PRODUCTIVITY
9
10
Government Policy: Environment
Ensuring businesses consider their externalities:
Green Taxes
Subsidies / Grants
Laws and regulations
11
Government Policy: International Trade
Comparative Advantage
Tariffs & Quotas
Trade agreements
EU
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Open Ended
How does government policy affect business?
13
14
Would British businesses be better off if the UK left the EU?
Justify your answer.
https://www.youtube.com/watch?v=iFyhMT--AOk
15
Multiple Select
Which of the following are considered as infrastructure?
Education
Health Care
Competition
Transport
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Multiple Select
What can the government do to manage the impact of business on the environment?
Impose taxes
Grants / Subsidies
Regulations
Imports
17
Multiple Select
Which of the following are a benefit of being in the EU?
No tariffs and quotas on trade within the UK
Common standards
Equal employee rights
Set your own external tariff
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Poll
How confident are you that you can answer this question:
How does government policy affect business?
VERY CONFIDENT
CONFIDENT
UNSURE
NO IDEA
Impact of Government Policy (3.7.4 AQA)
Mrs Osborne (December 2020)

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