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In this tutorial you will learn:
- The difference between internal and external factors
- About the impact of health and safety and data protection legislation on business
- About the reasons a business may choose to change the way it operates
Table of Contents
- Tutorial Video
- Reading Materials
- Laser Learning reading text ‘The business environment’
- ‘External environment theory’ webpage on the Business Case Studies website
- ‘Understanding the economic cycle’ webpage on the Tutor 2u website
- ‘The impact of recession on businesses’ webpage on the Investopedia website
- ‘Political factors affecting business’ by Eco Thunk
- ‘Political factors affecting business’ webpage on the PESTLE analysis website
- ‘How can external social pressure influence business ethics?’ webpage on the Chron: Small Business website
- ‘A practical guide to the Companies Act 2006’ webpage on the Accounting Web website
- ‘Regulations’ webpage on the Which? website
- ‘Your basic rights at work’ webpage on the Law on the Web website
- ‘A quick guide to competition and consumer protection laws that affect your business’ by the Office of Fair Trading
- Presentation
- Good Practice Example
- Interactive Quiz
- Evidence Opportunities
- Extended Learning
- Click to read ‘Business continuity - The effects of the political environment – What’s your backup plan?’ webpage on the LinkedIn website.
- Click to read ‘What does leaving the EU mean for businesses?’ on the Full Fact website.
- Click to read ‘Causes of business cycle’ on the Economics Help website.
- Click to listen to the podcast episode ‘Going global – the ups and downs of trading overseas’ from the BBC series ‘The Bottom Line’.
- Click to read ‘What political and legal forces impact industries?’ on the Chron: Small Business website.
- Click to learn more about environmental regulations on the Law Donut website.
- Click to watch the video ‘How the social environment affects business: Examples and impact’ on the Study website.
- Think And Challenge
Laser Learning Ltd.
Academy House, 3 Langley Quay,
Waterside Drive, Langley,
Berkshire, SL3 6EY