Edexcel•A-Level•Business
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External Influences
Economic, legal, and competitive factors
Practice 45 subtopics in External Influences. All questions match the Edexcel A-Level specification.
About External Influences
External Influences is a key topic in the Edexcel A-Level Businessspecification. This topic covers economic, legal, and competitive factors.
Master all 45 subtopics below with unlimited AI-generated questions. Each subtopic page includes sample questions and the ability to generate unlimited practice questions with detailed solutions.
All Subtopics (45)
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Random Practice
Practice any subtopic from External Influences
Economic environmentInflationEffects of inflation on businessInterest ratesEffects of interest rate changesExchange ratesEffects of exchange rate changesStrong pound impactWeak pound impactTaxationCorporation taxVATIncome tax effectsGovernment spendingEconomic growthGDP and businessRecessionRecoveryBusiness cycleUnemploymentConsumer protectionConsumer Rights ActSale of Goods ActConsumer Contracts RegulationsEmployment lawMinimum wageWorking Time RegulationsEquality ActHealth and safetyEnvironmental legislationData protectionGDPRCompetitionDirect competitionIndirect competitionMarket structuresPerfect competitionMonopolistic competitionOligopolyMonopolyBarriers to entryCompetitive advantagePrice competitionNon-price competitionResponding to competition
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Start with Economic environment