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. This includes identifying government economic objectives, for example, increasing Gross Domestic Product...
Unit 6.1 The economic climate of business
Fill in the gapsThe economic _______________ affects both business and consumer behaviour. For example the rate of ______________, which is the cost of ________________ money or the return for _____________...
Unit 6.2: Business and the international economy
The concept, opportunities and threats of globalisation for businesses and why governments might introduce import tariffs and import quotas, as well as the the impact of exchange rate changes on exporting...
Unit 6.2: 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 changes. In the previous syllabus this unit was in section 6.3.Lesson time: 130 minutes (can be...
Unit 6.2: 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. In the previous syllabus this section was in unit 6.3.
Unit 6.2: Short answer questions on globalisation
A key feature of ______________________is when more and more goods and services are bought and sold internationally. It offers UK businesses the opportunity to ____________ abroad and take advantage of...
Unit 6.3: Environmental issues affecting business
Environmental concerns and ethical issues as both opportunities and constraints for businesses and how businesses impact on the environment. In the previous syllabus this unit was in section 6.2.
Unit 6.3 Short answer questions on the environment
Profit is often a key objective that businesses set however, firms may also consider the __________________ when making ___________________. A business may take into account environmental considerations...
Business: Unit 6.4: 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...
Business: Unit 6.4: Short answer questions on ethics
morally; wrong; stakeholders; behaviour; above; Fair Trade; profit2.3 Forcing suppliers to reduce prices to the lowest possible level3.1 = d; 3.2 =...
Business: 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
Business: 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 in this quiz.The multiple...
Business: 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 in this multiple choice...
Selected Pages
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Unit 6: External factors
Unit 6.4: Ethical issues affecting business Free
This lesson looks at how business activity can impact on the environment, but also contribute to sustainable development.
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Unit 6: External factors
Unit 6.3: Environmental issues affecting business Free
Environmental concerns and ethical issues as both opportunities and constraints for businesses and how businesses impact
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Unit 6: External factors
Unit 6.2: 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
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Unit 6: External factors
Unit 6.2: 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 changes. Lesson
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Unit 6: External factors
Unit 6.2: Business and the international economy
The concept, opportunities and threats of globalisation for businesses and why governments might introduce import tariffs
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Unit 6: External factors
Unit 6: Paper one style examination
This paper has a total mark of 34 and you have 40 Minutes to complete it. You must write in black ink only and answer all