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Business Studies > Environmental And Ethical Considerations > Flashcards

Environmental And Ethical Considerations Flashcards

1
Q

What is Ethics?

A

Moral principles that businesses need to consider.

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2
Q

Ways a business could be more ethical

A

-reducing polution
-buying fairtrade suppliers and products.
-reduce packaging

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3
Q

Benefits of being an Ethical business

A

-can increase sales
-more loyal staff

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4
Q

Drawbacks of being an Ethical business

A

Being unable to maximise profits for the shareholders.

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Business Studies (5 decks)

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