https://padlet.com/IgLoo/9rjw5i1toi3q Business Revision en-us 2017-02-02 14:38:08 UTC 2017-02-07 15:01:24 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Condos.png IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151149922 you can work ethically or you can work unethically. an example of working ethically is paying a fair wage to your workers. working unethically is exploiting or not paying your workers a fair wage.]]> 2017-02-02 14:39:45 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151149922 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151153978 many business owners choose to work unethically. this isn't just about money it could also be about buildings that people work in or the type of working conditions that employees experience]]> 2017-02-02 14:48:44 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151153978 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151155457 due to bad building structure buildings may collapse and workers could be killed if you payed the workers there very little and the world found out it could lead to bad publicity]]> 2017-02-02 14:51:40 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151155457 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151156587 being ethical may increase costs for the business and it may reduce profits]]> 2017-02-02 14:53:44 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151156587 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151157216 businesses relocate their businesses to poor or developing countries where they can hire child labour and pay below average.]]> 2017-02-02 14:54:57 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151157216 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151158193 it is better to create a ethical brand image this can be done by using things like fair trade. this means that workers are paid reasonable wages and have better working conditions. this may lead to the customers paying a higher price for the products.]]> 2017-02-02 14:56:55 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151158193 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151160027 workers receive fair pay for the work they do. this can lead to a positive image on the business. may give your business a competitive advantage as customers may choose to buy from ethical businesses.]]> 2017-02-02 15:00:26 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151160027 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151161153 leads to more costs for the business. this is the big deciding factor if businesses should be ethical or not.]]> 2017-02-02 15:02:48 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151161153 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151161944 businesses affect the local environment in the short and long term. ]]> 2017-02-02 15:04:16 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151161944 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151163127 businesses are obliged to meet customer and government expectation on how they treat the environment this could be used to enhance the businesses reputation.]]> 2017-02-02 15:06:42 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/151163127 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152127561 Activities related to the production of goods and services. when economy is doing well there is more spending. when it is not doing well there is less spending and less production.]]> 2017-02-07 13:53:22 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152127561 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152128259 distributed unevenly, developed countries (rich countries) have a relatively high income per person. they tend to have a good level of economic activity.]]> 2017-02-07 13:55:18 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152128259 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152128990 have lower income per person eg. Uganda are poorer countries and have less economic activity]]> 2017-02-07 13:57:15 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152128990 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152129631 cost of living may be different so the amount people get paid will vary. but there is a big difference between poor and rich countries.

]]> 2017-02-07 13:59:17 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152129631 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152130377 nations with higher incomes spend far more on imports. developed countries are more likely to sell their products domestically or to over developed countries.]]> 2017-02-07 14:01:20 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152130377 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152131198 do not have the same advancements in technology and this makes the items they produce their low quality, allowing businesses to cut costs on their products. sometimes they don't meet the required standard of safety and cannot be sold. this means that businesses have to implement their tech in developing countries increasing costs. ]]> 2017-02-07 14:03:43 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152131198 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152132501 reduce the amount of imports coming into a country so it's protected]]> 2017-02-07 14:06:59 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152132501 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152133194 reduce imports being bought from abroad.]]> 2017-02-07 14:08:54 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152133194 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152133520 tax on imported goods making the product more expensive]]> 2017-02-07 14:09:47 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152133520 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152133844 a limit on the number of goods that can be imported over a period of time.]]> 2017-02-07 14:10:33 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152133844 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152134224 goods may not be allowed into the country as they are not up to standard]]> 2017-02-07 14:11:23 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152134224 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152134604 government may give money to firms that exported goods. help lower cost of production then allowing the price of goods to be lower making the country more competitive so sales will be higher.]]> 2017-02-07 14:12:13 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152134604 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152135955 govern the way businesses operate and encourage competition or help the business run more efficiently and protect customers and employees. successful businesses help the economy

]]> 2017-02-07 14:15:14 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152135955 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152136828 helped create a single common market which means that there are no tariffs or quotas between members of the EU trading. easier to hire workers from other countries as they do not need a visa to work in other EU countries]]> 2017-02-07 14:16:55 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152136828 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152138209 set by individual governments. reduces amount businesses and consumers have to spend. affect business and consumer behaviour, tax on employing workers reduce amount of staff that businesses hire. tax on cigarettes reduces the amount of people who can afford to buy them ]]> 2017-02-07 14:19:53 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152138209 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152139937 all businesses have to deal with government regulation or red tape businesses don't like doing this as it is time consuming and costly]]> 2017-02-07 14:23:46 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152139937 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152147634 submit financial accounts to companies house
all vehicles must be insured
products must conform to the trade descriptions act
waste disposal regulations

]]> 2017-02-07 14:38:40 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152147634 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152148712 minimum standards for the working environment. can lead to extra costs]]> 2017-02-07 14:40:36 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152148712 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152149059 how long working without a break
storage of dangerous chemicals
level of heating in a workplace
amount of ventilation in a factory]]> 2017-02-07 14:41:17 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152149059 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152154729 identifying the needs and wants of the customer. this reduces the risk of failing. developing products that customers want can give the business a higher chance of survival. ]]> 2017-02-07 14:53:08 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152154729 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152155627 1. designing the research
2.undertaking the research
3.analysing the information]]> 2017-02-07 14:54:54 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152155627 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152156263 primary and secondary 
primary has never been done before secondary has been collected by someone else]]> 2017-02-07 14:56:13 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152156263 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152157574 Raise awareness for the product. also see how the public responds to the product]]> 2017-02-07 14:58:48 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152157574 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152158109 shop at their business again 
buy the same product from the same business]]> 2017-02-07 14:59:56 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152158109 IgLoo https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152158526 advertising
free publicity
free samples
user testing
low trial prices
targeting trade buyers]]> 2017-02-07 15:00:50 UTC https://padlet.com/IgLoo/9rjw5i1toi3q/wish/152158526