2.5.2 Legislation

Question 1

What does environmental protection involve?

Answer 1

The prevention of pollution + environmental destruction

Question 2

What is the impact of environmental protection on businesses? (3)

Answer 2

• Costs of complying with legislation
• Reduction in potential environmental damage
• Positive branding

Question 3

What is employee protection?

Answer 3

Where employees have a responsibility towards employees but legislation needed to ensure minimum standards adhered to

Question 4

What are 3 impacts of employee protection on businesses?

Answer 4

• Decrease in industrial action
• Costs to business e.g. holiday pay
• motivation increases as working conditions improve

Question 5

What is consumer protection?

Answer 5

Without government legislation, some businesses would exploit customers

Question 6

What are 3 impacts of consumer legislation on businesses?

Answer 6

• Increase in costs
• Improved quality
• Quality control

Question 7

What are the 5 areas of legislation?

Answer 7

Consumer protection
Employee protection
Environmental protection
Competition protection
Health and safety

Question 8

What is competition policy?

Answer 8

Regulations in place to ensure businesses are competing fairly

Question 9

What are 3 impacts of competition policy on businesses?

Answer 9

• Lowering prices to compete impacts profit
• Improved quality
• Fairer competition

Question 10

What does health and safety legislation aim to provide?

Answer 10

A safe working environment for employees

Question 10

What are 2 impacts of health and safety legislation on businesses?

Answer 10

• Costs of complying with legislation
• Increased employee motivation