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Business > Ethical Factors > Flashcards

Ethical Factors Flashcards

1
Q

What are ethics?

A

morals not laws

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2
Q

How can a business act ethically to employees?

A

Living wage, good conditions

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3
Q

How can a business act ethically to customers?

A

Fair and honest advertising

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4
Q

How can a business act ethically in the supply chain?

A

Fair trade, animal welfare, not using child labour or sweat shops, fair pay

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5
Q

How can a business act ethically to shareholders?

A

Regular and sufficient dividends

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