Ethical & Enviornmental Issues

Question 1

What are ethics

Answer 1

Ethics in business can be defined as; moral
principles that govern business behaviour or the
conducting of an activity

Question 2

Give ethical behaviours

Answer 2

Most businesses operate to meet the needs of
the owners or shareholders

Ethical businesses operate to meet the wider
needs of their stakeholders, and try to act in a
way that is honest and fair

For example; Fairtrade organisations try and
meet the needs of their employees and
suppliers

Question 3

Ways a business could be more ethical

Answer 3

• Paying workers higher wages
• Improved working conditions
• Reducing pollution
• Buying Fairtrade supplies/agreeing to pay
more to suppliers
• Donations to the community
• Reducing packaging