The governments original intentions
act as a referee
which purpose of government intervention has to do with air and water pollution
conserve the environment
how would lowering tax rates affect the economy
people would spend more money
what is your "environment"?
your surroundings
list at least 2 categories in demographics
age
gender
race
family status or size
religion
How the government protects business property
fire
ems
patents
copyrights
T/F The government is active in the world of business
T- they now make money as well
regulating monopolies helps with what
competition- then tell me why competition is important
scanning your environment is important because it makes you aware of your (2 things)
opportunities and threats
when peoples attitudes and opinions change, this is a shift in which factor
society and culture
How the government settles business disagreements
courts
The governments goal is to protect people, businesses goals are to
make a profit
setting safety standards in the workplace minimizes __________ risks
employee
which environment can you NOT control
external
inflation and interest rates are a ____________ factor
economy/economic
This is how the government pays their expenses
collecting taxes
name a public good
highway
school
fire
ems
zoning laws helps protect business owners what?
property
t/f businesses environments stay the same
false
Import and export restrictions would be considered in which factor of a scan
government
one of the reasons the government took a more active role in business, ie they started enforcing AND regulating laws
peoples attitudes changed
how do government welfare programs help businesses in a private enterprise system?
Funds received by recipients are spent in businesses.
The government buys corn to keep farmers making a profit. what are they doing?
using price supports
give an example of how the factors of business are interrelated
answers will vary but need to say something about them affecting each other
this is the most rapidly changing factor in a scan
technology