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business
key terms
influences
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Cards (13)
exchange rates
is the
price
of one
currecny
expressed in terms of another
globalization is the process of increasing
interdependence
among countries and the world
economy
risk
is the
possibility
of something going
wrong
a market exists where there are
buyers
and
sellers
the
equality act
(
2010
) is a law that protects people from
discrimination
in the
workplace
employment
law is a set of laws that protect
employees
from
unfair
treatment by
employers
health
and
safety
at work act (1974) sets out duties and responsibilities of both
employers
and
employees
for
healthy
and
safety
in the workplace
national
minimum wage
/
living
age is the
lowest hourly rate
that can
legally
be
paid
by an
employer
to an
employee
ICT are
communication
and
computing
systems that a business might use to
exchange
information to
stakeholders
intranet
is communication networks which can only be accessed by an organisations
employees
extranet
is similar to
intranet
but can also be accessed by other
organisations
such as
suppliers
digital communication
is the transmission of info
electronically
between
computing
devices e.g. texts, emails, apps etc
air pollution
is the release of harmful substances into the atmosphere, especially in
large
amounts