Enterprise and the Community (Junior Cert Business Studies): Flashcards
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Practise the cards
15 cards from this deck
Name 3 ways enterprises affect communities
Name 3 ways enterprises affect communities
Economically, socially, environmentally
Most obvious enterprise benefit
Most obvious enterprise benefit
Job creation
Define spin-off effect
Define spin-off effect
Main enterprise creates demand for local suppliers/services
Enterprise tax revenue benefit
Enterprise tax revenue benefit
Funds improved public services & infrastructure
Negative: increased disposable income effect
Negative: increased disposable income effect
Pushes up local prices
Define competition effect
Define competition effect
Large retailers force small business closures
How enterprises raise living standards
How enterprises raise living standards
Higher employment = better housing, education, healthcare
Reduced emigration occurs when
Reduced emigration occurs when
Young people find good local employment opportunities
Why enterprises affect housing affordability
Why enterprises affect housing affordability
Attract workers, increase demand, drive up prices
Define gentrification
Define gentrification
New businesses change area character, price out locals
Environmental challenges from enterprises
Environmental challenges from enterprises
Pollution (air/water/visual), traffic, waste
BITCI stands for
BITCI stands for
Business in the Community Ireland
When was Business Impact Map created
When was Business Impact Map created
2010
BITCI volunteer hours donated
BITCI volunteer hours donated
264,735
BITCI cash donations amount
BITCI cash donations amount
€13.5M