Unit 6: External factors
Unit 6: External influences
The final section of the course focusses on how the different external influences impact on business activity. External influences includes economic, environmental and ethical influences on business and the role played by governments. Legal constraints are another external influence covered in this section. Two new units, 6.4 (Business and ethical issues) and 6.5 (Pressure groups) have been added to the revised Cambridge syllabus.
The pages in this unit can be accessed directly at the following links:
Unit 6.1: Business cycles
The main stages of the business cycle, e.g. growth, boom, recession, slump and the Impact on businesses of changes in employment levels, inflation and Gross Domestic Product (GDP).Lesson time: 75 minutes
Unit 6.1: How government control of the economy affects business
How government control over the economy affects business activity and how businesses may respond.Lesson time: 75 minutesLesson objectives: In this lesson students will learn how government control over...
Unit 6.2: Environmental issues affecting business
Environmental concerns and ethical issues as both opportunities and constraints for businesses and how businesses impact on the environment. Lesson time: 95 minutesLesson objectives: In this lesson students...
Unit 6.2: Ethical issues affecting business
This lesson looks at how business activity can impact on the environment, but also contribute to sustainable development. Students will also learn how and why business might respond to environmental pressures...
Unit 6.3: Business and the international economy
The concept, opportunities and threats of globalisation for businesses and why governments might introduce import tariffs and import quotas.Lesson time: 80 minutesLesson objectives: This lesson looks...
Unit 6.3: Reasons for the importance and growth of multinational companies (MNCs)
Reasons for the importance and growth of multinational companies (MNCs) and the impact of exchange rate changesLesson time: 130 minutes (can be completed over two lessons)Lesson objectives: This lesson...
Unit 6.3: The impact of exchange rate changes
The page also focusses on the impact of exchange rate changes and how those changes can affect businesses as importers and exporters of products.Lesson time: 55 minutes Lesson objectives: This lesson...
Unit 6: Review terms
This page includes the review terms for unit 6, external influences. The revision terms are available as a PDF file at: Review terms
Unit 6: Multiple choice questions
This page contains a multiple-choice question on unit 6, external influences.The multiple choice questions on this page are available as a PDF file at: Multiple choice
Unit 6: Multiple choice quiz II
This page contains a multiple-choice question on unit 6, external influences.The questions on this page can be downloaded as a PDF file at: Questions
Selected Pages
Unit 6: External factors
Unit 6.2 Short answer questions on the environment
Q1Fill in the gapsProfit is often a key objective that businesses set however, firms may also consider the __________________...
Unit 6: External factors
Unit 6.3: Short answer questions on globalisation
Q1Globalisation: Fill in the gapsA key feature of ______________________is when more and more goods and services are bought...
Unit 6: External factors
Unit 6.2: Short answer questions on ethics
Q1Fill in the gapsEthics is about what is __________________ right and _________________. When businesses act in a way that...
Unit 6: External factors
Unit 6.1 The economic climate of business
Fill in the gapsThe economic _______________ affects both business and consumer behaviour. For example the rate of ______________,...
Unit 6: External factors
Unit 6: Multiple choice quiz II
This page contains a multiple-choice question on unit 6, external influences. There are no questions on the new syllabus...
Unit 6: External factors
Unit 6: Multiple choice questions
This page contains a multiple-choice question on unit 6, external influences. There are no questions on the new syllabus...