2.1 Part 2 Flashcards
ethical behaviours in businesses
treating workers fairly
treating suppliers fairly
ethical sourcing of materials
caring for the community
treating consumers fairly
meeting government requirements
trade off between ethics and profit
behaving ethically has advantages and disadvantages e.g paying higher prices for products being ethically sourced.
an unethical business likely to attract negative media attention damaging reputation and brand and employees less likely to be happy
however behaving ethically can increase costs which decrease profit margin
environment considerations influencing business activity
pollution to air, water, light and noise
use of non renewable sources
long term damage to environment
waste disposal
reducing unnecessary packaging
carbon footprint
green audit
a detailed review of a businesses impact on the environment either conducted by the business itself or by an independent organisation
trade off between environment , sustainability & profit
increasing costs to reduce impact on environment
replacing finite sources
caring for environment
pressure groups
aim to influence public, government or business opinion for a particular cause.
boycott
social media campaign
viral marketing
public protests
online petitions