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Unit 26 Government objectives (Business Studies)
10th - 12th grade
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  • Slide 1
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    Unit 26 Government objectives (Business Studies)

    Body text
  • Slide 2
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    Case

    VIS provides a range of insurance services including for cars and electrical products. Recently, the company plans to change the organizational structure because there are many customer complaints. Therefore, employees will be trained.

  • Question 3
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    Q.

    How can higher taxation affect the company?

  • Slide 4
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    Effects

    • Reduced Demand (lower sales) (k) for insurance (app)

    • Increased costs (Lower profit) (k) so less money for training (app)

    • May have to increase prices (k) leading to more customer complaints. (app)

  • Slide 5
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    CASE

    John owns a successful restaurant business. He set up 10 years ago. The business has a chain of 5 restaurants located in the centre of the main city. The business is in country B which has had high levels of economic growth of the past 5 years. John is considering to open a new restaurant with a takeaway service.

  • Slide 6
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    Question

    Consider how the following changes might affect the success of the new business.

  • Question 7
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    Q.

    When the economic cycle in country B moves from boom into recession

  • Slide 8
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    Effects of economic cycle in country Z (boom to recession)

    • Lower incomes

    • Unemployment increases

    • Less demand for restaurants and takeaway food

  • Question 9
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    Q.

    When government in country B lowers income tax

  • Slide 10
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    Effects of lowering income tax

    • Increased disposable income

    • Increased demand for restaurant

  • Question 11
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    Q.

    When new legal controls so all packaging for takeaways must be able to be recycled

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    Effects of using recyclable packaging

    • Increased costs

    • Higher prices

    • Changes in packaging may affect food

  • Question 13
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    Q.

    When new legal controls that all menus must contain full information on the ingredients used

  • Slide 14
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    Effects of making all menus have full information on the ingredients used

    • Increased cost because of reprinting menus

    • Increased demand if healthy food ingredients listed

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