Grade 11 Business Studies Government and Global Influence in Business Notes

GRADE 11 · BUSINESS STUDIES · TOPIC NOTES

Grade 11 Business Studies Government and Global Influence in Business Notes

This focused study page introduces Government and Global Influence in Business and provides a revision activity. Use it alongside your classroom notes and the current curriculum design.

Key ideas

Public policy and international trade influence business costs and markets. Taxes contribute to public revenue, while regulations set requirements for activities such as safety and fair trading. Exchange-rate changes can alter the local-currency cost of imports. Trade can expand markets but also increase competition.

Practice activity

An importer pays a supplier in foreign currency. Explain how a weaker local currency could affect costs, selling prices and demand.

Check your response

Separate the effect on importers from the effect on exporters; avoid assuming every business is affected equally.

Revision questions

1. Explain the key terms in this topic using your own words and a relevant example.
2. Apply the ideas to the practice activity above. Show the evidence or steps supporting your answer.
3. Identify one possible mistake or limitation in your response and explain how you would correct it.

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View available member notes

Confirm the learning outcomes and sequence using the official KICD Grade 11 curriculum designs. This page provides an original revision outline. Downloadable notes are accessed through the member notes collection.