Ethical/envirnmental issues

Question 1

What does ethical mean?

Answer 1

To have a moral consuderation for others when making decisions

Question 2

What are advantages of being ethical?

Answer 2

• Grants and awards can be granted
• The business will have an ethical reputation so can attract new customers and quality staff

Question 3

What are disadvantages of being ethical?

Answer 3

• It is time consuming to make decisions that appropriate and ethical
• Audits are needed to ensure standards are met and maintained

Question 4

What are ways to be ethical?

Answer 4

• Philanthropy
• Animal welfare
• Fair trade

Question 5

What is philanthropy?

Answer 5

This could be throuh charitable donations giving away goods or setting up a charitable cost as part of the business

Question 6

What is animal welfare?

Answer 6

This night involve keeping animals and lifestock in good conditions not testing on animals

Question 7

What is fairtrade?

Answer 7

This involves the supply of raw material to be bought at a fair price so employees are treated fairly.

Question 8

What are advantages of fairtrade?

Answer 8

• Reputation improves
• Positive image
• Unique Selling Point
• Supplier are given fair proces
• Employees are treated fairly

Question 9

What is the disadvantage of fairtrade?

Answer 9

It is expensive

Question 10

What are advantages of being envirnmentally friendly?

Answer 10

• The business can gain a good reputation
• Awards that are granted can be used fro promotional purposes

Question 11

What are the disadvantages of being envirmentally friendly?

Answer 11

• It is expensive in the short term
• The natural envirnment may not be suffiecient e.g. sunlight, wind speed

Question 12

How might a business be envirnmentally friendly?

Answer 12

• Carbon footprint
• Sustainable raw materials
• Low waste
• Packaging

Question 13

Carbon footprint:

Answer 13

This is when the organisation tries to reduce their carbon footprink e.g. by using renewable energy or low emission/ electric vehicles

Question 14

Sustainable raw materials:

Answer 14

This ensures that the raw materials used by the business aren’t depleting. It means respecting the envirnment and leads to a positive reputation

Question 15

Waste:

Answer 15

This ensure the organisation complies with duty of care in order to deal with waste appropriatly and means the organisation must segregate waste e.g. keep apart chemicals

Question 16

Packaging:

Answer 16

This helps with PR ad ensures packaging is designed to be envirnmentally friendly e.g. being reusable, recyclable or biodegradable