environmental

Question 1

why should a business care about the environment?

Answer 1

businesses hold an ethical and environmental responsibility

-the environment is a global issue

Question 2

how can a business impact the environment?

Answer 2

air pollution
water pollution
noise pollution
climate change
congestion
destruction of the environment
waste disposal

Question 3

how does the government intervene in environmental issues?

Answer 3

range of green taxes that encourage businesses to improve their environmental practices

Question 4

what is the landfill tax? (1996)

Answer 4

encourages effort to minimise amount of waste produced and use of non-landfill waste options
-since 2000, amount of waste sent to landfill dropped by 70%, recycling increased to 44%

Question 5

what are congestion charges?

Answer 5

reduces car usage and therefore lowers emission

Question 6

what is the impact of taxation?

Answer 6

businesses face energy cost on average between 15% and 21% higher as a result of environmental policies
-argued it affects competitiveness

Question 7

what is the carbon trust standard?

Answer 7

kitemark for businesses in identifying their operations as being environmentally friendly
-award given to companies who are able to prove sustainability

Question 8

what are some alternative sources of energy?

Answer 8

windfarms

solar energy

Question 9

what is the environment agency?

Answer 9

a government body that monitors and controls pollution

• helps reduce air emissions, cleaning up rivers, installing flood defence schemes
• make sure businesses comply with environmental laws.

Question 10

how do pressure groups impact organisations?

Answer 10

lobbying MPs
protests
attract media interest
campaigns

Question 11

what is a pressure group?

Answer 11

a group that tries to influence public policy in the interest of a particular cause e.g. environmental issues

Question 12

how has social media impacted organisations and environmental issues?

Answer 12

growth in social media and connectivity between businesses and customers, helping raise levels of environmental awareness leading to:

• stronger brand
• improved recruitment
• customer loyalty

Question 13

how are consumer habits are changing due to environmental issues?

Answer 13

education of consumers about impact on environment have brought shifts in behaviour such as fair trade shopping, recyclable bags

Question 14

what does the triple bottom line model manage?

Answer 14

the financial, social and environmental risks, obligations and opportunities (also referred to as profits, people and planet).
-designed to encourage sustainability

Question 15

how to use triple bottom line model in your exam

Answer 15

discuss how factors may influence objectives and why more businesses are setting objectives linked to planet and people as well as profit

Question 16

what are the key considerations of the environmental impact on business activity?

Answer 16

what a firm buys and sells
how they impact environment
where they invest
how they recruit, train and develop staff
how they build relationships w/ wider community