IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Class : Y10 Lesson Topic: Business and the Environment

IGCSE Business Chp. 13

Keywords – Political, economic, social, technological, legal, environmental

• Class : Y10

• Lesson Topic: Business and the Environment

• Scheme of Work: External Influences



Tell me three things...

about the topic we are studying.Or,

you learnt in the last lesson.

STARTER



Questions you would like to ask

Today we will begin studying ____________. What are the questions you would like answered.



Noun Play

_________ is like (a) ________ because….

First blank is for the topic, concept etc.Second blank is for the random noun.

e.g. Communication is like driving because…



CONNECTIVES for AnalysisCONNECTIVES for ApplicationCONNECTIVES for Evaluation

COMPARINGEqually…As with…Like…In the same way…Similarly…Even so…Likewise…CAUSE & EFFECT

Consequently… Due to…As a result… Therefore..Because of… Because…

CONCLUDINGFirstly… After…Secondly… Before…Overall… I believe…Finally… I think …In conclusion… it depends…To conclude… short term…Meanwhile… Long term…

CONTRASTINGAlthough… Except…Moreover… If…However… Yet…Apart from… Unless…Despite… As long as…

EMPHASISINGMost importantly…Significantly…Notably…Especially…Above all…In particular…Indeed…

QUALIFYINGDespite… Yet…As long as… Unless…Apart from… If…Moreover… Except…However… Although…

ADDINGIn addition… And…Too… Also…Additionally… As well as…Furthermore…

ILLUSTRATINGFor instance… Such as…In the case of… So…For example…As revealed by…As illustrated by…



External Factors affecting business Political

Economic

Social

Technical

Legal

Environmental



Political • Government legislation affects business

• New laws and regulations (red tape) affect business costs

• E.g. Minimum wage, Health & Safety rules.



Economic • The economic

growth is always changing.

• Peak = high growth, high demand

• Trough = low growth, low demand.



How does the economy affect business Video

• What happens during a recession?

• How are businesses affected?



Social • Society is always changing. Ethics means doing the right thing.

Businesses nowadays are concerned with recycling and child labour.

• Also changing is,

• Population growth

• Demographic changes (women at work)

• Healthy lifestyles (less demand for sugary drinks)



Technological

• Technology massively impacts business efficiency and costs.

• Wireless Internet improves communication in tertiary sector

• Machinery improves primary sector production

• How is John Lewis in Stevenage affected by technology? – BBC New Technology Video



Legal • Similar to political,

• New rules and regulations impact a business cost and therefore profits.

• E.g. U.K following EU regulations.

• How is online opticians affected by legislation? – (BBC Legislation video)



Environment

• Business concerned with recycling and improving environment.

• Customers want sustainable production meaning less damage on environment.

• Global Warming is seen as danger to environment, businesses must act to keep customers.



CONNECTIVES for AnalysisCONNECTIVES for ApplicationCONNECTIVES for Evaluation

COMPARINGEqually…As with…Like…In the same way…Similarly…Even so…Likewise…CAUSE & EFFECT

Consequently… Due to…As a result… Therefore..Because of… Because…

CONCLUDINGFirstly… After…Secondly… Before…Overall… I believe…Finally… I think …In conclusion… it depends…To conclude… short term…Meanwhile… Long term…

CONTRASTINGAlthough… Except…Moreover… If…However… Yet…Apart from… Unless…Despite… As long as…

EMPHASISINGMost importantly…Significantly…Notably…Especially…Above all…In particular…Indeed…

QUALIFYINGDespite… Yet…As long as… Unless…Apart from… If…Moreover… Except…However… Although…

ADDINGIn addition… And…Too… Also…Additionally… As well as…Furthermore…

ILLUSTRATINGFor instance… Such as…In the case of… So…For example…As revealed by…As illustrated by…



Exam style questions A-A*

1. Discuss2. Evaluate

(8-12m) 8+ connectives & key words

C-B

1. Explain 2. Analyze

(5-7 m) 5+ connectives & key words

E-D

1. Identify 2. Define

(2-4m) 2 + connectives & key words

ATDApply to

demonstrate



Questions you would like to aske.g.

Today we have been studying_______________.

Think of 1 questions to ask other people in the class about today’s lesson.

PLENARY



Freeze Frame

Students have to produce a freeze-frame showing one aspect of their learning.

E.G. A communication method or a finance or a sector of the economy

http://www.curriculumsupport.education.nsw.gov.au/litnum/thrudoorway/images/groupD2.gif



Spell a key word to your friend using sign language…



Exam Question

Write an exam question based on your learning today. Then, swap books and answer someone else’s question.

Answer PLAN: Intro – define key wordExplain 1 advantage (BLT)Explain 1 disadvantage (BLT)Conclude – I think, however, it depends…

E.g. Discuss whether a bank loan is suitable for business startup .

Start with; Discuss or Evaluate whether or To what extent is _______________________________________________________________________________________________________________________________________ (6m) 3+ connectives

3+ key words

Documents

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Class : Y10 Lesson Topic: Business and the Environment