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2. Influences on business

5 dot points across 5 inquiry questions. Click any dot point for a focused answer with worked past exam questions where available.

Should a business do the right thing even when it costs more?

Ethical and environmental considerations: the meaning of business ethics, ethical and unethical practice, the environmental impact of business activity and sustainability, and the costs and benefits of acting ethically and sustainably.
A focused answer to the Eduqas GCSE Business C510 content on ethical and environmental considerations, covering business ethics, ethical versus unethical practice, environmental impact and sustainability, and the costs and benefits of behaving responsibly.
11 min answer →

How does trading across borders change the opportunities and threats a business faces?

Globalisation and international trade: the meaning of globalisation, imports and exports, the opportunities and threats globalisation brings, the role of multinationals, and how businesses respond to international competition.
A focused answer to the Eduqas GCSE Business C510 content on globalisation and international trade, covering imports and exports, the opportunities and threats of globalisation, multinationals, and how businesses respond to international competition.
11 min answer →

What laws must a business obey, and how do they shape its decisions?

The legal environment: the main areas of legislation affecting business (consumer protection, employment and health and safety), the purpose of each, and the impact of legislation on business costs and decisions.
A focused answer to the Eduqas GCSE Business C510 content on the legal environment, covering consumer protection, employment law and health and safety legislation, their purpose, and the impact of legislation on business costs and decisions.
11 min answer →

How does new technology change the way a business operates and competes?

The role of technology: how technology (e-commerce, digital communication, automation and social media) affects business operations, marketing and costs, and the benefits and drawbacks of adopting new technology.
A focused answer to the Eduqas GCSE Business C510 content on the role of technology, covering e-commerce, digital communication, automation and social media, how they affect operations, marketing and costs, and the benefits and drawbacks of new technology.
11 min answer →

How do interest rates, inflation, unemployment and exchange rates affect a business?

The economic climate: the effect of changing consumer income and unemployment, interest rates, inflation and exchange rates on businesses, and how a business is affected by and responds to changes in the economic climate.
A focused answer to the Eduqas GCSE Business C510 content on the economic climate, covering how consumer income, unemployment, interest rates, inflation and exchange rates affect a business, and how businesses respond to changes in the economy.
12 min answer →