1. Lesson Recap - The current economic climate strongly influences political decisions made by the government. Recap activity : The economic cycle. Name the 4 different Trends. The current economic climate strongly influences political decisions made by the government. Recap activity : The economic cycle. Name the 4 different Trends.

2. Aims and objectives Lesson purpose - In this session you will explore how Social, legal and political factors impact on different businesses. You will discuss different situations to enable you to understand the different effects. By the end of the session you will be able to explain how social, political, legal factors are impacting on the business activities and their stakeholders Lesson purpose - In this session you will explore how Social, legal and political factors impact on different businesses. You will discuss different situations to enable you to understand the different effects. By the end of the session you will be able to explain how social, political, legal factors are impacting on the business activities and their stakeholders

3. P6 Assignment – LCC and Tesco For BOTH of the organisations, describe how political, legal and social factors have impacted on the business and its stakeholders. You only need to examine the main political, legal and social factors that affect the organisations It is helpful to use three headings You need to describe some of the important changes that are taking place using appropriate facts and figures P6 Assignment – LCC and Tesco For BOTH of the organisations, describe how political, legal and social factors have impacted on the business and its stakeholders. You only need to examine the main political, legal and social factors that affect the organisations It is helpful to use three headings You need to describe some of the important changes that are taking place using appropriate facts and figures

4. Progression on to... M3 & D2 From P6, ANALYSE how each business has adapted to changes in the political, legal and social environments. You need 3 examples for each business. You need to analyse the changes. For example, which of the factors are most significant and what sort of impact are they having on the business? What sorts of changes in business planning have resulted from these external changes? How is the business coping with these changes? Explain the good and bad effects they may have had. From P6, ANALYSE how each business has adapted to changes in the political, legal and social environments. You need 3 examples for each business. You need to analyse the changes. For example, which of the factors are most significant and what sort of impact are they having on the business? What sorts of changes in business planning have resulted from these external changes? How is the business coping with these changes? Explain the good and bad effects they may have had.

5. Factors impacting Businesses External factors effect businesses. PEST – can you remember what this stands for? Political Economic Social Technological There is also Legal (SLEPT) External factors effect businesses. PEST – can you remember what this stands for? Political Economic Social Technological There is also Legal (SLEPT)

6. Social Factors Demographic issues (e.g. population growth or decline); Changes in structure (e.g. ageing); Households and families; Education; attitude to work; Religions; Attitudes to male and female roles; Ethics Demographic issues (e.g. population growth or decline); Changes in structure (e.g. ageing); Households and families; Education; attitude to work; Religions; Attitudes to male and female roles; Ethics

7. In pairs….. You have learned a lot about Tesco and LCC over the last few weeks…. Using sticky notes: Think of 5 ways in which Tesco and LCC have been influenced by social factors. You have learned a lot about Tesco and LCC over the last few weeks…. Using sticky notes: Think of 5 ways in which Tesco and LCC have been influenced by social factors.

8. Social Factors

9. Demographics

10. Lifestyle

11. The Role of Pressure Groups

12. What do Pressure Groups Do?

13. Changing Social Attitudes Links with behaviour and demand (e.g. growing number of pensioners; those who smoke or drink certain types of alcohol) Changing tastes – concern for ‘green’ production & packaging, attitudes to foods & healthy eating. Changing lifestyles – convenience and fast foods, use of freezers, use of cars, amount of leisure time and how it is used etc Links with behaviour and demand (e.g. growing number of pensioners; those who smoke or drink certain types of alcohol) Changing tastes – concern for ‘green’ production & packaging, attitudes to foods & healthy eating. Changing lifestyles – convenience and fast foods, use of freezers, use of cars, amount of leisure time and how it is used etc

14. Leeds City College Lifestyle Changes (Choices of Courses, has there been a change) Population Change (More mature students, more over 40 than under 40) Changes in Ethnic Mix (Diversity, accommodating each ethnic group) Levels of education, Level1, 2,3 foundation degrees. Lifestyle Changes (Choices of Courses, has there been a change) Population Change (More mature students, more over 40 than under 40) Changes in Ethnic Mix (Diversity, accommodating each ethnic group) Levels of education, Level1, 2,3 foundation degrees.

15. Tesco Lifestyle (new products, different ways of buying, competitive pricing). Population Change (No more nuclear families, Single shoppers late at night) Lifestyle (new products, different ways of buying, competitive pricing). Population Change (No more nuclear families, Single shoppers late at night)

16. Political and legal factors within the economic environment

17. Lets think politics! Q & A Who is our current Prime Minister? David Cameron – Conservative Party Which Political Party is running the country? The Conservative Party and the Liberal Democrats: The 2010 Coalition agreement. What part of the trade cycle is the UK currently experiencing? A recession – but there is evidence to suggest we are coming into a growth period! Who is our current Prime Minister? David Cameron – Conservative Party Which Political Party is running the country? The Conservative Party and the Liberal Democrats: The 2010 Coalition agreement. What part of the trade cycle is the UK currently experiencing? A recession – but there is evidence to suggest we are coming into a growth period!

18. The Political structure International: Britain is part of the European Union: Free movement of goods/money/labour. National: The Prime Minister leads the ruling party and appoints: Senior Cabinet Ministers: who are in charge of key areas of government. Local: Councils are elected who represent their local populations. International: Britain is part of the European Union: Free movement of goods/money/labour. National: The Prime Minister leads the ruling party and appoints: Senior Cabinet Ministers: who are in charge of key areas of government. Local: Councils are elected who represent their local populations.

19. How do political decisions effect business ? Activity: Read the extract from the 2012 budget. Answer the questions that follow. Activity: Read the extract from the 2012 budget. Answer the questions that follow.

20. Political factors supporting different types of business Q&A How might the Government support: The Private Sector: Create a competitive environment. Incentives such as grants for new enterprise. Public Sector: Cover loses / subsidise non-profit activities, such as education and health. Voluntary Sector: Supports cash grants such as National Lottery and tax relief. How might the Government support: The Private Sector: Create a competitive environment. Incentives such as grants for new enterprise. Public Sector: Cover loses / subsidise non-profit activities, such as education and health. Voluntary Sector: Supports cash grants such as National Lottery and tax relief.

21. Supporting businesses through grants and schemes

22. Fiscal policy (Financial matters) can you think of different types of tax ? Direct tax Indirect tax Income tax VAT National InsuranceExcise duties Corporation taxAir passenger duty Capital gains tax Betting and gaming Council taxLand fill levy Can you think why the Government adds tax to items such as: Cigarettes Alcohol Betting Petrol Aviation fuel Increase in VAT from 17.5 % to 20% The VAT calculator: http://www.bbc.co.uk/news/10373992http://www.bbc.co.uk/news/10373992

23. In summary: The Government supports and manages… Supports organisations Example…. Supports organisations Example…. Fiscal policies Example…. Fiscal policies Example…. Infrastructure and services Example…. Infrastructure and services Example…. Work skills Example….. Work skills Example….. Organisations who support business Example….. Organisations who support business Example….. Trading communities Example…. Trading communities Example….

24. Legal factors Company Law Providing framework for businesses Contract Law Protecting consumers under sale of Goods and Services Employment Law Employment contracts. Competition Law Ensuring fair and honest trading. Useful sites for research: http://tutor2u.net/business/gcse/external_environment_legislation.htm http://tutor2u.net/business/gcse/external_environment_legislation.htm Company Law Providing framework for businesses Contract Law Protecting consumers under sale of Goods and Services Employment Law Employment contracts. Competition Law Ensuring fair and honest trading. Useful sites for research: http://tutor2u.net/business/gcse/external_environment_legislation.htm http://tutor2u.net/business/gcse/external_environment_legislation.htm

25. Plenary & assignment task What have you learned so far ? P6 : For BOTH of the organisations, describe how political, legal and social factors have impacted on the business and its stakeholders. You will need to research: Look in: books/ internet /read articles in the news. What have you learned so far ? P6 : For BOTH of the organisations, describe how political, legal and social factors have impacted on the business and its stakeholders. You will need to research: Look in: books/ internet /read articles in the news.

26. For LCC consider Political New qualifications EMA Course funding 19+ Legal Every Child Matters Safeguarding Social Age of students Overseas students Damand for courses Political New qualifications EMA Course funding 19+ Legal Every Child Matters Safeguarding Social Age of students Overseas students Damand for courses

27. For Tesco Consider Political VAT & Tax Government grants. Government Initiatives supported by Tesco. Legal Planning regulations Licencing Legal age to buy Social Pressure groups Customer demographics Changes in lifestyle (internet shopping) Political VAT & Tax Government grants. Government Initiatives supported by Tesco. Legal Planning regulations Licencing Legal age to buy Social Pressure groups Customer demographics Changes in lifestyle (internet shopping)