O'Level  &

Protectionism policies are actions taken by governments using policy instruments to protect local businesses and economy Protectionism...

Ethical businesses are more favoured by consumers

They are government policy instruments.

Business cycles describe how the national output changes over a period of time

While there are opportunities from globalization, there are threats as well to a country with benefits and drawbacks to businesses...

Multinational firms (MNCs) are large firms that operate in different countries They usually originate from developed countries and are...

Sustainable development practices adopting practices that are environmental friendly and socially responsible. Businesses can adopt...

As governments across the world declare and acknowledge the climate crisis the world is experiencing, legal controls, environmental and...

Pressure groups are non-profit organizations that aims to influence society and businesses to be socially and environmentally...

The government uses policy instruments to achieve government's economic objectives. Government policy instruments are; Government...

There are four (4) government economic objectives The government aims to achieve; A low inflation rate Low unemployment rate Economic...

How external factors such as globalisation and government influence business and business decisions under different economic conditions.

Globalization involves activities that collaborate in trade or business related activities between individuals, firms and governments worldw