Ethics and Environment Flashcards
1
Q
what is fair trade
A
it is a UK charity that promotes the use of fair trade materials by UK businesses
2
Q
what are the benefits of fair trade
A
- meets consumer expectations so increases sales
- can be used in marketing
- increased range of products
3
Q
what are the disadvantages of fair trade
A
- some have higher prices
- bad publicity about fair trade will dent the public image
4
Q
what ethical practices could a business use
A
- use recycled materials
- fair price paid to all suppliers(fair trade)
- animal welfare
5
Q
what are the advantages of ethical operations
A
- improves image
- staff motivation if they agree with the issues
- saved costs through less packaging and transport
6
Q
what are the disadvantages of ethical operations
A
- takes time to train staff
- bad publicity if business works with an unethical supplier
- reduced protective packaging
