PEST Factors : Political

The latest in the new series of PowerPoint resources aimed at assisting teachers with the delivery of the WJEC/Eduqas A-level Business specification (but are suitable for all boards). These slides and hand out are designed to support the delivery of the Component Three topic of PEST Analysis. They explain the main political factors that affect business activity and the role of government in providing a stable framework for businesses to operate within. The slides examine taxation and subsidies, fiscal and monetary policy, government regulation and deregulation of markets, the role of government as a purchaser of goods and services from the private sector and considers other relevant issues such as patent law and competitive tendering. The slides contain the Quick Fire Five questions and also a practice essay (both with solutions). The pack also contains a FREE set of student revision notes.