Business Studies (9-1) - 0986 CIE

How Government Control Over The Economy Affects Business Activity And How Businesses May Respond:

Muhtasari

No business operates in a vacuum. When the government raises a tax, changes interest rates or cuts its spending, the effects ripple straight through to sales, costs and profits. A smart manager watches government decisions as closely as the competition, because they can change the whole environment a business trades in.

In this lesson you will identify the government's main economic objectives, see how changes in taxes, government spending and interest rates affect businesses, and learn how firms might respond. By the end you will be able to work out how a particular policy change would hit a particular business and what it could do about it.

Malengo

  1. Identify government economic objectives, e.g. increasing Gross Domestic Product (GDP)
  2. Impact of changes in taxes and government spending
  3. Impact of changes in interest rates
  4. How businesses might respond to these changes

Maelezo ya Somo

Governments control a large share of the economy through the taxes they raise and the money they spend. Their decisions affect every business's demand, costs and confidence to invest. Exam questions regularly ask you to explain the impact of a tax, spending or interest-rate change on a named business and how it might react, so this analysis is widely tested.

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Tathmini ya Somo

Hongera kwa kukamilisha somo la How Government Control Over The Economy Affects Business Activity And How Businesses May Respond:. Sasa kwa kuwa umechunguza dhana na mawazo muhimu, ni wakati wa kuweka ujuzi wako kwa mtihani. Sehemu hii inatoa mazoezi mbalimbali maswali yaliyoundwa ili kuimarisha uelewaji wako na kukusaidia kupima ufahamu wako wa nyenzo.

Utakutana na mchanganyiko wa aina mbalimbali za maswali, ikiwemo maswali ya kuchagua jibu sahihi, maswali ya majibu mafupi, na maswali ya insha. Kila swali limebuniwa kwa umakini ili kupima vipengele tofauti vya maarifa yako na ujuzi wa kufikiri kwa makini.

Tumia sehemu hii ya tathmini kama fursa ya kuimarisha uelewa wako wa mada na kubaini maeneo yoyote ambapo unaweza kuhitaji kusoma zaidi. Usikatishwe tamaa na changamoto zozote utakazokutana nazo; badala yake, zitazame kama fursa za kukua na kuboresha.

  1. GDP is a measure of: A. the total value of goods and services a country produces in a year B. a single firm's profit C. the interest rate D. a company's share price Answer: A
  2. A rise in income tax is most likely to reduce sales of: A. basic bread B. luxury jewellery C. tap water D. salt Answer: B
  3. Higher interest rates are likely to: A. increase borrowing to expand B. reduce demand for goods bought on credit C. lower firms' loan repayments D. raise consumers' spending power Answer: B
  4. Which is a direct tax? A. VAT on goods B. income tax C. an import tariff D. a sales tax Answer: B
  5. If the government increases spending on building hospitals, the businesses that benefit most are those that: A. sell luxury holidays B. supply construction and hospital equipment C. export coffee D. make jewellery Answer: B

Inapatikana kwenye programu ya Green Bridge

Pakua programu ya Green Bridge CBT kwenye simu yako au kompyuta yako ili kupata maelezo kamili ya masomo, maswali ya mazoezi, na mengi zaidi.

Maelezo kamili ya masomo yenye michoro
Msaidizi wa kujifunza wa AI
Soma bila mtandao, wakati wowote, mahali popote
Inapatikana kwa Android, Windows, macOS, na Linux

Inapatikana kwenye programu ya Green Bridge

Pakua programu ya Green Bridge CBT kwenye simu yako au kompyuta yako ili kupata maelezo kamili ya masomo, maswali ya mazoezi, na mengi zaidi.

Maelezo kamili ya masomo yenye michoro
Msaidizi wa kujifunza wa AI
Soma bila mtandao, wakati wowote, mahali popote
Inapatikana kwa Android, Windows, macOS, na Linux

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