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  • Created by: jimmmmmy
  • Created on: 20-03-14 14:46
What is business ethics?
It is where they think it is morally right or wrong.
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Advantages and disadvantages of business ethics?
It will attract more customers. But you have to pay more, which the customers might not willing to pay, this means they might lose of potential customers.
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What is pressure groups?
organisations set up to try influence what we think about the business and its environment
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What are different types of pressure groups?
Protection groups and Promotional groups.
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What are two different types of action they take and what are they?
Direct and indirect. Direct actions are lobbying, protects, boycotts. Indirect actions are marches, petitions.
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What is tariffs ?
A tax or duty to be paid on particular class of imports or exports.
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What impacts does tariffs have on Eu businesses?
They don't have to pay, so they could save money. Also it means they can sell the products cheaper and they still could make profit.
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What is red tape?
government regulation and polices that make business decisions more difficult
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Other cards in this set

Card 2

Front

It will attract more customers. But you have to pay more, which the customers might not willing to pay, this means they might lose of potential customers.

Back

Advantages and disadvantages of business ethics?

Card 3

Front

organisations set up to try influence what we think about the business and its environment

Back

Preview of the back of card 3

Card 4

Front

Protection groups and Promotional groups.

Back

Preview of the back of card 4

Card 5

Front

Direct and indirect. Direct actions are lobbying, protects, boycotts. Indirect actions are marches, petitions.

Back

Preview of the back of card 5
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