Other Socio-Economic Factors and Their Impact (Grade 10 NSC Matric Business Studies): Flashcards
📚Flashcards
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Practise the cards
10 cards from this deck
Counterfeiting
Counterfeiting
Illegally copying products pretending to be genuine brands
Bootlegging
Bootlegging
Unlawfully making fakes & illegally recording performances
Strike
Strike
Employees refuse work to pressure employers
Go-slow
Go-slow
Workers perform tasks very slowly, reducing productivity
Political disturbances
Political disturbances
Citizens publicly express dissatisfaction with govt policies
Violence (business context)
Violence (business context)
Extreme physical force causing injury, harm or damage
Crime
Crime
Any illegal activity punishable by law
Counterfeiting impact on sales
Counterfeiting impact on sales
Customers buy fakes, causing authentic sales to drop
Strike impact on production
Strike impact on production
No work done during strikes, leading to significant losses
Poverty and crime relationship
Poverty and crime relationship
High poverty strongly related to increased crime rates