Impact of REGULATION on UK businesses
- Created by: Megan N
- Created on: 22-10-16 15:33
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- Impact of REGULATION on UK businesses
- Advantages
- provides a stable long term enviro
- - businesses can cooperate
- reduces barriers to entry
- provides comp oppurtunities for new entrants
- provides a stable long term enviro
- Disadvantages
- Threat to businesses
- control & limit ability to charge higher prices
- adverse publicity if a bus is fined
- becoming STRICTER
- Discouraging new entrants into certain industries
- more monopolies?!?
- Discouraging new entrants into certain industries
- Threat to businesses
- Advantages
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