business, Manufacturing and ethics Flashcards

1
Q

how can you factor in supply with sustainability

A

-rethink and regulate consumption
-ensure that demand for future generations can be met

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2
Q

what is the definition of carbon footprint

A

the sum of all emissions caused by your activities over one year

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3
Q

what is a linear economy

A

a take make and and dispose movement

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4
Q

what are the factors of the linear economy

A

-recourses are often from finite sources
-products are usually single use
-use end of life is in landfill

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5
Q

what is factored in the circular economy

A

-a reusability/recycle stage

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6
Q

what are the six r’s

A

-reduce
-reuse
-recycle
-rethink
-refuse
-repair

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7
Q

why might companies choose to manufacture overseas

A

-greater flexibility
-to utilise large manufacturing facilities abroad
-economic savings due to lower labour costs

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8
Q

how can businesses improve accuracy and efficiency

A

-reduce time to market
-competitive advantages
-increased market share
-satisfied customers

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9
Q

how can economics improve accuracy and efficiency

A

-reducing expenditure on energy and materials
-reducing manufacturing and labour costs
-reducing the cos of waste processing and disposal

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10
Q

how can environmental improve accuracy and efficiency

A

-fewer recourses used
-less energy used
-lower levels of pollution
-less waste created

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