Uk labour market - Study guides, Revision notes & Summaries

Business BTEC Level 3 Unit 5 Assignment 2 - 100% Verified. Explain the external factors that influence a selected business considering trading internationally. Political Factors: One beneficial factor is being part of a trading community like the EU; however, this means there are certain rules and regulations to follow. The government will support certain industries for example, companies that deal with renewable energy and offer benefits to the country. This support is not available to all...

AQA A-level ECONOMICS 7136/1 Paper 1 Markets and Market Failure Version: 1.0 Final IB/G/Jun23/E5 7136/1 Thursday 18 May 2023 Morning Time allowed: 2 hours Materials For this paper you must have: • an AQA 12-page answer book • a calculator. Instructions • Use black ink or black ball-point pen. Pencil should only be used for drawing. • Write the information required on the front cover of your answer book. The Paper Reference is 7136/1. • In Section A, answer EITHER Conte...

Advalorem tax - correct answer Tax levied as a percentage of the price of a good. Aggregate demand - correct answer Total demand in the economy including consumption, investment, government expenditure and exports minus imports. Anti-competitive practices or restrictive trade practices - correct answer An attempt by firms to prevent or restrict competition. Assisted areas - correct answer ...

Summary LPC Employment Law exam 2023 notes BPP - High Distinction Sources of employment law: -Common Law -Legislation (recent) oTrade Union and Labour Relations (Consolidation) Act 1992 oEmployment Rights Act 1996 oEquality Act 2010 oEU Legislation – consider Brexit ▪Article 157 TFEU - equal pay for male and female workers for equal work or work of equal value is applied’ overrides inconsistent national law ▪Employees who work for a private sector can rely on EU directives tha...

2024 macro paper Exam Questions and Answers 100% Pass Define the term 'inflation'. (1) - Correct Answer ️️ -increase in GDP (measured by the CPI based on an average basket of goods) Explain one likely cause of inflation. (2) - Correct Answer ️️ -increasing in govt spending --> AD shifts out --> actual growth --> demand pull inflation OR natural disaster --> AS shifts inwards --> cost push inflation Illustrate the shape of the Classical long-run aggregate supply (A...

Edexcel A Level Microeconomics Questions And Answers Factors influencing demand for labour Demand for final product - if rise in output > increase in productivity Relative productivity of labour to capital - substitution effect UK raises NMW from £7.50 to £7.83 £3,000 subsidy for hiring unemployed 18-24 y.o. = half UK's youth minimum wage Factors influencing supply of labour Cost of living Cost of gaining skills UK uni fees capped at £9,250 per year Number of workers U...

Business BTEC Level 3 Unit 1 Exploring Business Assignment 2 - DInternal, external and competitive environment on McDonalds This section will discuss the internal, external and competitive environment of McDonalds. Internal Factors Corporate Culture The corporate culture within McDonalds can be identified using “Handy’s classification of organisational culture” as role culture. Role culture in McDonalds means that there is the involvement of hierarchical bureaucracy, with people havi...

Above-the-line promotion - correct answer Placing adverts using the media. Acid test ratio - correct answer Similar to the current ratio but excludes stocks from current assets. Sometimes called the quick ratio. Advertising - correct answer Communication between a business and its customers whereby messages are placed in the media to encourage the purchase of products. Agent or broker - correct ...

A-level ECONOMICS Paper 3 Economic Principles and Issues Friday 7 June 2024 Morning Time allowed: 2 hours Materials For this paper you must have: • the Insert • a calculator. Instructions • Answer all questions. • Use black ink or black ball-point pen. Pencil should only be used for drawing. • Fill in the boxes at the top of this page. • You will need to refer to the Insert provided to answer Section B. • You must answer the questions in the spaces provided. Do not...

Macroeconomics Correct Answer involves the study of the whole economy at the aggregate level Policy objective Correct Answer a target or goal that policy-makers aim to 'hit' Short-run economic growth Correct Answer Growth of real output resulting from using idle resources, including labour, thereby taking up the slack in the economy Long-run economic growth Correct Answer an increase in the economy's potential level of real output, and an outward shift of the economy's production po...