6.1 Economic issues

• What are the key economic objectives?

• What is a business cycle?

• What are the government policy instruments?

• How does a change in government spending affect business activity?

• How does a change in taxes effect business activity?

• How does a change in interest rate effect business activity?

6.2 Environmental and ethical issues

• What are sustainable development practices?

• What are external impacts of business activity?

• What are actions of pressure group?

• What are the legal controls, laws and regulation adopted by governments?

• What are the ethical considerations in businesses?

6.3 Business and the international economy

• What are the importances of globalization?

• What are the opportunities for businesses with globalization and international trade?

• What are the threats from globalization and trade?

• What are trade barriers, their examples and consequences?

• What is the role of multinational companies?

• What are the benefits and disadvantages of multinationals to the economy?

• What is the impact of exchange rates?

• How does exchange rates affect international competitiveness of businesses?