National Policy and Business (LC 2027) (Leaving Cert Business): Flashcards

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National Policy and Business
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National policy definition

How Irish govt tackles important issues affecting the country

Policy vs legislation

Policy: flexible guidelines; Legislation: legally binding laws

What is IBEC?

Irish Business & Employers Confederation - main business lobby

How many companies does IBEC represent?

Over 7,500 companies (70% of private sector workforce)

What is ESRI?

Economic & Social Research Institute - independent research body

When was ESRI founded?

1960

Interest groups definition

Organisations representing people with common interests/goals

Lobbying definition

Process groups use to persuade decision-makers

National Waste Policy food waste target

Reduce food waste by 50% by 2030

Circular economy meaning

Economy where waste is minimised & resources are reused

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