1. Thought for the day:
“I hear, and I forget. I see, and I remember. I do, and I understand’. -- Chinese Proverb

2. Impact of business decisions on people, the economy and the environment

3. Knowledge & Understanding
How to get an A A
Grade
Evaluate, discuss, justify, advise, recommend. reasoned explanations, develop arguments, understand implications and draw inferences
Examine, Analyse, Interpret, Formulate, Cause and Affect, advantages & disadvantages.
A04
Evaluation
Apply facts, terms, concepts, theories and techniques to business problems and issues. Link to a business.
A03
Anayslis
A02
Application
facts, terms, concepts and conventions appropriate to the syllabus; theories and techniques
A01
Knowledge & Understanding

4.  1.1 Business Activity Target Outcome Who? Keywords
Lesson 5: Revison- Using the Specimen question paper
1.1 Business Activity
Target
Outcome
Who?
Keywords 
Explain why intervention in business activity is required so that social and economic objectives of the state can be better achieved
•Give examples of intervention both to support and control the impact of business activity on people, the economy and the environment
• Use the examples to show how outcomes differ
[following intervention] and are more in line with the objectives of the state e.g. to create employment, minimise resource depletion
ALL C
Unemployment
Inflation
Nationalisation
Privatisation
Competition laws
Show an awareness of how business decisions have an impact on others (society, environment and people)
• Use examples to show how business decisions create externalities
MOST B
Show an awareness of the main methods of government intervention
•Show awareness of the main methods of intervention such as legislation
•Show awareness of the influence of other agencies such as trade unions and pressure groups
•Knowledge of specific legislation or specific pressure groups is NOT required
SOME A 4

5. Government influence on location decisions Government regulation of the workforce and the working environment (H&S, employment protection) Consumer protection

6. Government influence on location decisions
The effects on the business (government grants, subsidies and planning regulations)
Give examples (Singapore/Australia)
Pg 231 – spider diagram, for each point write at least three comments (what is it, how does it effect the business)

7. Government regulation of the workforce and the working environment (H&S, employment protection)
Protecting consumers
Industrial relations - Trade unions
Employee protection legislation
Business and Ethics
Each table research and create a information/fact sheet to distribute to peers.

8. Industrial Describe the work of trade unions
Show awareness of the benefits that union membership can provide for employees
 Show an awareness of how trade unions can influence business behaviour
Use examples to show how business behaviour might be modified in terms of levels of pay and treatment of employees

9. Ethical
Show an awareness of ethical considerations in business activity
Show awareness of the possible conflict between the profit motive and ethical considerations such as exploitation of employees [e.g. using child labour]

10. Health & Safety
 Demonstrate an understanding of the importance of health and safety requirements
Use examples to show how businesses might have to change their behaviour to conform to legislation regarding conditions at work [e.g. protection from dangerous machinery, safety equipment and clothing, hygienic conditions and hours of work]

11. Employment
Understand the main features of employment contracts and employment legislation
Describe the main features of an employment contract
Understand why employees need protection against discrimination and unfair dismissal
Use examples to demonstrate such protection in terms of racial and gender discrimination

12. The Consumer Understand how and why consumer interests are protected
 Demonstrate an understanding of the ways in which consumer protection benefits consumers e.g. protection against dangerous products and substances, misleading selling
Use examples to illustrate the need for such protection

13. 3 minutes silent writing
What are the main methods of government intervention on business activity and how do these impact the business.

14. p
Pg 236

15. What did I learn this lesson that I didn’t know before?

16. Plenary Level achieved_____
What do you now know as a result of today’s lesson?
What are your areas for improvement? What are you going to do about this? 16