Influences on business

Front

Different types of IT packages

Back

word processing, databases, spreadsheets, video conferencing, web design, graphics

Front

How do businesses use social media

Back

Follow and react to trends

Respond to request complaints quickly

Market their goods through advertising

Front

Downsides to a business of using social media

Back

Bad publicity travels quickly

Cyber security

Front

E-Commerce

Back

buying or selling a product using an electronic system such as the internet

Front

M-Commerce

Back

(Mobile commerce) is the buying and selling of products through wireless handheld devices such as smartphones

Front

Business ethics

Back

refers to whether a business decision is thought to be morally right or wrong. Decision is based on what is morally right

Front

Sustainability

Back

refers to methods of production that can be continued in the long term without damage to the environment

Front

What are the economic factors

Back

Interest rates

Taxes

Inflation

Unemployment

Front

Direct taxes

Back

income tax (on wages) and corporation tax (business profits)

Front

Interest rates

Back

When people borrow money they pay a % of the amount each year to the lender.

High interest rates-means businesses less likely to borrow money and expand

Low interest rates- means businesses likely to borrow and expand business