C3 Ethical, Legal, Enviromental Flashcards
1
Q
An ethical business..
A
Considers needs of all stakeholders, the social responsibility and moral rights and wrongs in decision making
2
Q
Corporate social responsibility is..
A
Responsibility that’s goes beyond making profits
3
Q
Factors effecting if a business can be truly ethical
A
If forced to by legislation
If the business has enough time
Some see ST profit key to be competitive
4
Q
How pressure groups can influence governments/businesses
A
Lobbying
Direct action
Publicity
Legal action
5
Q
Examples of environmental impacts
A
Climate change Water/noise pollution Connection Destruction Waste disposal