Unit study hub

Influences on business

Official AQA GCSE Business 8132 content on external influences and how businesses respond to them.

At a glance

6

Topics

27

Objectives

8132

Spec

Business

Subject

AQAGCSEBusiness8132

Topics

Choose a topic to revise

Sample objectives

What this unit covers

  • Technology: Explain how changing ICT use influences business activity.
  • Technology: Explain how e-commerce can help businesses access wider markets.
  • Ethical and environmental considerations: Identify where a business may face a trade-off between ethics and profit.
  • Ethical and environmental considerations: Analyse benefits and drawbacks of ethical behaviour by businesses.
  • Ethical and environmental considerations: Analyse costs and benefits of environmentally responsible business behaviour.
  • Ethical and environmental considerations: Explain how businesses and consumers may accept greater environmental responsibility in decision making.
  • The economic climate on businesses: Explain how changes in interest rates affect businesses that use overdrafts and loans.
  • The economic climate on businesses: Explain how changes in interest rates affect consumer and business spending.
  • The economic climate on businesses: Identify how and why changes in employment levels may affect businesses.
  • The economic climate on businesses: Discuss how demand for products and services may change as incomes fluctuate.
  • Globalisation: Explain how UK businesses may compete internationally through better design, higher quality and lower prices.
  • Globalisation: Explain globalisation and its effects on UK businesses.
  • Globalisation: Explain how exchange rates can affect profits and sales for businesses that export.
  • Globalisation: Explain how exchange rates can affect profits and sales for businesses that import.
  • Legislation: Explain benefits of providing a safe working environment.
  • Legislation: Assess the impact of employment law on businesses, including costs, training needs, recruitment and consequences of non-compliance.
  • Competitive environment: Identify situations where businesses face minimal or no competition.
  • Competitive environment: Explain the meaning of a market and competition.
  • Competitive environment: Explain why entrepreneurs embark on running businesses despite risk.
  • Competitive environment: Explain activities businesses can use to minimise risks.