ethical and environmental

Question 1

what is corporate social responsibility?

Answer 1

when a company aims to act ethically and responsibly to ensure the public perceive them in a positive light

Question 2

what are five ways in which a business can demonstrate corporate social responsibility?

Answer 2

• use renewable energy (such as solar/wind energy)
• use sustainable raw materials
• use fair trade products
• use alternatives to testing on animals
• give/donate to charities

Question 3

what are five ways in which a business can demonstrate ethical responsibility?

Answer 3

• pay fair wages (beyond the minimum/living wage)
• offer fair working conditions for staff
• ensure fair and proper (ethical) marketing
• set/offer fair prices
• avoid deforestation

Question 4

what are five benefits of fairtrade?

Answer 4

• The quality of life improves for primary industry workers in poor countries.
• Fairtrade certification improves the image of the organisation.
• Attracts consumers who have positive attitudes towards products which are ethically produced.
• The Fairtrade trademark can be used as a marketing tool.
• Higher prices can be charged for Fairtrade products

Question 5

what are three drawbacks of fairtrade?

Answer 5

• Fairtrade products can cost more which might put some consumers off buying.
• Limits the choice of potential suppliers.
• It may increase the firm’s carbon footprint through air or sea transportation

Question 6

what are three benefits of recycling?

Answer 6

• Helps organisation to meet their environmental aims.
• The business save money if recycled materials are used to make new products.
• Improves the brand image of the organisation

Question 7

what are three costs of recycling?

Answer 7

• Recycled material may reduce the quality of the finished product
• Some items such as paper can only be recycled a limited number of times.
• Recycled materials need to be sorted and processed which can take time.

Question 8

what are two benefits of minimising packaging?

Answer 8

• Can reduce production costs as less materials are required for packaging.
• Can reduce transport costs as goods are smaller and lighter

Question 9

what are two costs of minimising packaging?

Answer 9

• Increased risk of damage due to insufficient packaging.
• Product may become less attractive to customers.