ethical and environmental Flashcards
1
Q
Corporate social responsibility
A
Corporate social responsibility (CSR) is when a company aims to act ethically and responsibly to ensure the public perceive them in a positive light.
2
Q
why a business might seek to reduce its carbon footprint?
A
- improves their reputation
- attracts new staff
3
Q
how to become more eco friendly?
A
- using energy and water efficiently
- recycle and reuse materials
- use less packaging
- installing renewable energy technology
4
Q
A
5
Q
why become an ethical employer
A
- gain new customers
- motivate staff
- attract quality staff
- customers are willing to pay more
5
Q
A
6
Q
how to become an ethical employer?
A
- paying the minimum wage
- offering better working conditions
- enabling flexible and home working
- supporting charity work
7
Q
fairtrade
A
Fair trade means that the interests of workers are just as important as other commercial considerations.
8
Q
benefits of fair-trade
A
- the fair-trade trademark can be used as a marketing tool
- higher prices can be charged for fair-trade products
9
Q
drawbacks of fair-trade
A
- limits the choice of potential suppliers
- cost more which might put off some consumers
10
Q
benefits of recycling
A
- using recycled packaging reduces production costs
- improves the brand image
- can be used as a unique selling point
10
Q
ways of becoming eco friendly
A
- using biofuels
- using organic raw materials
11
Q
drawbacks of recycling
A
- recycled material may reduce the quality
- image of the product may be perceived as inferior
12
Q
benefits of reduced packaging
A
- reduces transports costs are goods are smaller and lighter
- less landfill is required
13
Q
drawbacks of reduced packaging
A
- increased risk of damage
- product may become less attractive
