Wetherly and Otter: The Business Environment
Chapter 04
When you have completed this chapter you will be able to:
Explain the nature of politics as concerned with making choices for society as a whole through law and public policy, including decisions and rules concerning the conduct of business;
Analyse the interdependence of business and government;
Identify key features of the UK political system as a liberal democracy based on the rule of law;
Analyse the different values and ideologies (e.g. left and right) involved in political disputes, and the implications of these views for the role of government in business decisions and behaviour, and the balance between the state and the market;
Examine the ideologies of the main political parties and their attitudes to business, including the character of New Labour.


