Analysing the External Environment: Political and Legal Change 5.0 / 5 based on 1 ratingTeacher recommended ? Business StudiesAnalysing the strategic position of a businessA2/A-levelAQA Created by: kallum.finchCreated on: 02-11-16 11:25 The exploitation of new ideas is known as _ _ _ _ _ _ _ _ _ _. innovation 1 of 10 The _ _ _ _ _ _ _ _ _ _ _ Act 1998 prohibits cartels and abuses of dominant market positions. competition 2 of 10 Joining two companies together to form a larger enterprise is known as a _ _ _ _ _ _. merger 3 of 10 The _ _ _ _ _ _ _ _ Act 2010 exists to protect nine characteristics. equality 4 of 10 Unfair _ _ _ _ _ _ _ _ _ is where there has been a termination of a worker's contract without a legal reason. dismissal 5 of 10 This is the process where an organisation transfers from state ownership to that of individuals. privatisation 6 of 10 This is when one business buys a controlling interest in another business. takeover 7 of 10 The Competition and _ _ _ _ _ _ _ Authority will assess if a merger or takeover should be prohibited. markets 8 of 10 The National _ _ _ _ _ _ _ Wage Act 1998 sets out the _ _ _ _ _ _ _ workers must be paid. minimum 9 of 10 In 2016, it was made a necessity for workers over 25 to be paid the national _ _ _ _ _ _ wage. living 10 of 10
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