Conumer Ethics

Question 1

Sustainability

Answer 1

Sustainability is the process of balancing the social (people), economic( profit) and environmental (planet) systems for the wellbeing of people now and in the future. This involves carefully managing resources.

Three Pillars of Sustainability:
Social - People
Environmental - Planet
Economic - Profit

Question 2

Sustainable Development

Answer 2

meets the needs of the present without compromising the needs of future generations.

Question 3

Sustainable Consumption

Answer 3

buying goods and services that do not harm the society, environment or the economy.

Question 4

An ethical consumer should:

Answer 4

Avoid goods that have a negative impact on society, animals and the environment.

Ask questions - where product made, what are working conditions

Engage in life-cycle thinking. This means consider impact of environment at each stage of product from start to shelf

Shop Locally to minimize damage to environment from transport costs

Reduce, Reuse, Recycle

Buys fairtrade products where possible

Question 5

Boycott

Answer 5

Boycott means a voluntary act of protest in which consumers refuse to buy from or deal with a particular company. This damages the reputation and sales of the business.

This encourages businesses to act responsibly to the community in which they operate in. To do this they focus on their Corporate Social Responsibility

Question 6

Corporate Social Responsibility

Answer 6

organisations acting to benefit the society and environment.

Question 7

Impact of Ethical Consumerism

Answer 7

An increase in Corporate Social Responsibility for businesses to have a good reputation.

Greater concern for the environment e.g. green energy & organic food

The growth of Fairtrade good and Fair Labour Certified Garments

The promotion of Animal Welfare e.g. no animal testing

Reduce, Reuse, Recycle is encouraged

Question 8

Globalisation

Answer 8

Globalisation is the process by which the world becomes interconnected as a result of trade, improvements in transport and communications.

Question 9

Reasons for Globalisation

Answer 9

Improvements in Technology

Consumer Demands: as income levels increase and consumer awareness expands, consumer may want products from overseas

Freedom of Trade

Transport Improvements

Question 10

Impact Of Globalisation on Consumer Choice & Behaviour

Answer 10

Wider Consumer Choice:

New Businesses

Employment

Carbon Footprint

Question 11

Impact of ICT on Consumer Choice & Behaviour

Answer 11

Accessibility

Wider Choice

Online Booking

Consumer Feedback