Impacts of legislation on a business # JSG

  • Created by: J Garcha
  • Created on: 29-03-19 10:23
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  • LAWS
    • Positive impacts
      • Gives the business credibility
        • Customers wants products that are safe and met standards
          • IMPACT = generates sales
      • Increased cost
        • Cost of employing additional staff to do checks
        • Cost of accreditation e.g. ISO 9001/14001
        • Production time takes longer so fewer products are made
          • IMPACT = if there are additional costs the business will have a lower NPM


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