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Unit 3: Business Decisions and Strategy

3.3.1 - Business objectives and strategy

3.3.2 - Business growth

3.3.3 - Decision-making techniques

3.3.4 - Influences on business decisions

3.3.5 - Assessing competitiveness

3.3.6 - Managing change

Unit 4: Global Business

4.3.1 - Globalisation

4.3.1.1a - Economy characteristics

4.3.1.1b - Growing economic power

4.3.1.1c - Growth implications

4.3.1.1d - Growth indicators

4.3.1.2a - Exports and imports

4.3.1.2b - Specialisation

4.3.1.2c - Foreign direct investment

4.3.1.3a - Trade liberalisation and WTO

4.3.1.3b - Political change

4.3.1.3c - Transport and communication costs

4.3.1.3d - Multinational corporations

4.3.1.3e - Investment flows

4.3.1.3f - Migration

4.3.1.3g - Global labour force

4.3.1.3h - Structural change

4.3.1.3i - Business impact of globalisation

4.3.1.4a - Reasons for protectionism

4.3.1.4b - Tariffs

4.3.1.4c - Import quotas

4.3.1.4d - Other trade barriers

4.3.1.4e - Protectionism and business

4.3.1.5a - Trading bloc expansion

4.3.1.5b - Trading blocs and business

4.3.2 - Global markets and business expansion

4.3.3 - Global marketing

4.3.4 - Global industries and companies

A-Level Edexcel Business A2 4.3.1.4b - Tariffs Topic Practice

4.3.1.4b - Tariffs

• Explain tariffs as a protectionist measure.

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