9 - Business Within Society - Ethics & Sustainability

Question 0

How can some businesses be unethical

Answer 0

Exploiting child labour

Products being made in sweat shops

Question 1

What is the meaning of ethics

Answer 1

• ethics are written and unwritten code of principles and moral values. It’s about choosing to do what is right

Question 2

What ways can a business be seen as operating in a ethical manner

Answer 2

• goods are produced to fit their purpose
• conditions of factories where raw materials are in production
• put an end to sweatshops and child labour

However if they are ethical they will get good publicity e.g gap
And have a increase in customers and sales.

Question 3

What is sustainability

Answer 3

Development which meets the needs of the present without compromising the ability of future generation to meet their own needs

Question 4

How can businesses act so they are sustainable

Answer 4

• they need to look at all aspects of the way they run in order to achieve sustainability.

1. Turn off all equipment when not being used - save money
2. Turn off all lights in empty rooms - can cut costs by 15%
3. Reduce water consumption by turning taps fully off - saves money
4. Keep heating constant level,ensure doors and windows are shut.
5. Invest in energy efficient equipment e.g l.e.d bulbs
6. Use email where possible rather than printing

Question 5

Give an example of a business trying to be sustainable

Answer 5

Marks and spencer by 2012 aims to:

• become carbon neutral
• send no waste to landfill
• extend sustainable sourcing