
External Influences on Business Growth
Presentation
•
Business
•
9th - 11th Grade
•
Medium
C Dyde
Used 16+ times
FREE Resource
3 Slides • 9 Questions
1
External Influences on Business Growth
NCFE Level 1/2 Award in Business and Enterprise
2
Multiple Choice
External influences on a business refer to
Factors that are good for the business
Factors that are bad for a business
Factors that are outside the control of the business
Illegal actions by a business
3
External Influences
External Influences affect business activities, Some of these influences are unpredictable (take the recent COVID Pandemic)
External influences change regularly, therefore Businesses must take action to cope. The best action will vary depending upon the situation they face and upon the business type
4
5
Multiple Select
An appreciate in the exchange rate of the UK pound to US dollar will mean goods sold in the US will be
more expensive for customers in the US
less expensive for customers in the US
lead to less demand of the UK product in the US
lead to more demand of the UK product in the US
6
Multiple Select
If businesses choose to act ethically it can lead to
increased costs
decreased costs
good publicity
bad publicity
7
Multiple Select
An increase in interest rate can affect business activity by:
customers spending more on goods
customers spending less on goods
businesses with overdrafts having lower costs
businesses with overdrafts having higher costs
8
Multiple Select
Extra government spending and lower taxes will lead to
lower output
higher output
lower employment
higher employment
9
Multiple Choice
tax on company's profit is known as
gift tax
income tax
capital gains tax
corporation tax
10
Multiple Choice
Tax on factory workers weekly wage is known as
gift tax
income tax
corporation tax
VAT
11
Open Ended
Examination Question One
A village shop employs two part-time staff. They are paid 5p per hour more than the current living wage. The shop has recently taken out a bank overdrat of £5,000
Explain how the changes in the external influences below may affect this shop
(A) An increase in the living wage by 12p per hour (2)
(B) A decrease in interest rates (2)
12
Open Ended
Examination Question Two
The Government has announced that it is going to reduce the rate of coroporatin tax by 2%. Explain how this reduction in corporation tax may affect FCFA Ltd (2)
External Influences on Business Growth
NCFE Level 1/2 Award in Business and Enterprise
Show answer
Auto Play
Slide 1 / 12
SLIDE
Similar Resources on Wayground
10 questions
SONG LYRIC
Presentation
•
9th - 11th Grade
10 questions
Surface Area
Presentation
•
9th - 12th Grade
10 questions
Grammar and Punctuation Review #1
Presentation
•
9th - 12th Grade
8 questions
Mastering Parameters
Presentation
•
9th - 12th Grade
10 questions
Tax Forms and Their Purpose
Presentation
•
9th - 12th Grade
11 questions
Teenager 5 Session 22: Pronunciation & Speaking
Presentation
•
KG
11 questions
Quadratic Transformations
Presentation
•
9th - 11th Grade
9 questions
Logarithms
Presentation
•
9th - 12th Grade
Popular Resources on Wayground
24 questions
PBIS-HGMS Day 10
Quiz
•
6th - 8th Grade
10 questions
HCS SCI 03 Summer School Review 3
Quiz
•
3rd Grade
11 questions
Home Scope
Quiz
•
7th - 8th Grade
15 questions
HCS SCI 05 Summer School Assessment 3 Review
Quiz
•
5th Grade
35 questions
Lufkin Road Middle School Student Handbook & Policies Assessment
Quiz
•
7th Grade
18 questions
Geo 11.3 Area of Circles and Sectors
Quiz
•
9th - 11th Grade