“I hear, and I forget. I see, and I remember. I do, and I understand’.-- Chinese Proverb

Thought for the day:

Impact of business decisions on people, the economy and the environment

How to get an A

Knowledge & Understanding

Anayslis

Evaluation

AGrade

Application facts, terms, concepts and conventions appropriate to the syllabus; theories and techniques

Apply facts, terms, concepts, theories and techniques to business problems and issues. Link to a business.

Examine, Analyse, Interpret, Formulate, Cause and Affect, advantages & disadvantages.

Evaluate, discuss, justify, advise, recommend. reasoned explanations,

develop arguments, understand implications and draw inferences

A04

A03

A02

A01

Target Outcome Who?

Keywords

Explain why intervention in business activity is required so that social and economic objectives of the state can be better achieved•Give examples of intervention both to support and control the impact of business activity on people, the economy and the environment• Use the examples to show how outcomes differ[following intervention] and are more in line with the objectives of the state e.g. to create employment, minimise resource depletion

ALL

C UnemploymentInflationNationalisationPrivatisationCompetition laws

Show an awareness of how business decisions have an impact on others (society, environment and people)• Use examples to show how business decisions create externalities

MOST

B

Show an awareness of the main methods of government intervention•Show awareness of the main methods of intervention such as legislation•Show awareness of the influence of other agencies such as trade unions and pressure groups•Knowledge of specific legislation or specific pressure groups is NOT required

SOME

A

1.1 Business Activity

Government influence on location decisions

Government regulation of the workforce and the working environment (H&S, employment protection)

Consumer protection

Government influence on location decisions

Pg 231 – spider diagram, for each point write at least three comments (what is it, how does it effect the business)

1. The effects on the business (government grants, subsidies and planning regulations)

2. Give examples (Singapore/Australia)

Government regulation of the workforce and the working environment (H&S,

employment protection)

• Protecting consumers• Industrial relations - Trade unions• Employee protection legislation• Business and Ethics

• Each table research and create a information/fact sheet to distribute to peers.

Industrial

• Describe the work of trade unions• Show awareness of the benefits that union

membership can provide for employees• Show an awareness of how trade unions can

influence business behaviour• Use examples to show how business

behaviour might be modified in terms of levels of pay and treatment of employees

Ethical

• Show an awareness of ethical considerations in business activity

• Show awareness of the possible conflict between the profit motive and ethical considerations such as exploitation of employees [e.g. using child labour]

Health & Safety

• Demonstrate an understanding of the importance of health and safety requirements

• Use examples to show how businesses might have to change their behaviour to conform to legislation regarding conditions at work [e.g. protection from dangerous machinery, safety equipment and clothing, hygienic conditions and hours of work]

Employment

• Understand the main features of employment contracts and employment legislation

• Describe the main features of an employment contract

• Understand why employees need protection against discrimination and unfair dismissal

• Use examples to demonstrate such protection in terms of racial and gender discrimination

The Consumer

• Understand how and why consumer interests are protected

• Demonstrate an understanding of the ways in which consumer protection benefits consumers e.g. protection against dangerous products and substances, misleading selling

• Use examples to illustrate the need for such protection

3 minutes silent writing

• What are the main methods of government intervention on business activity and how do these impact the business.

p

• Pg 236

1. What did I learn this lesson that I didn’t know before?

PlenaryLevel achieved_____

What do you now know as a result of today’s lesson?

What are your areas for improvement? What are you going to do about this?