Economic implications

Question 1

What effect does minority influence have in real life

Answer 1

Managers in the workplace could adopt this approach in attempting to persuade their
employees of a particular change to company strategy.

Question 2

What are the economic implications of minority influence

Answer 2

Productivity may increase and
so more work is done in less
time, saving the company
money.

Question 3

What effect does social change have in real life

Answer 3

Successful public education
can reduce the numbers of
people who smoke, are obese
or who drink too much
alcohol.

Question 4

What are the economic implications of social change

Answer 4

reduce the
amount of money spent every
year by the NHS on treating
people for these issues. It
would also make sure any
money spent on such
campaigns would be more
economically sound, because
the campaign would be more
effective in reducing the
unwanted behaviour.