ethics and environmental issues Flashcards

1
Q

How can businesses harm the environment?

A

Using greenfield sites, deforestation and using fossil fuels in production

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2
Q

Why do they do this?

A

These methods are often cheap and efficient.

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3
Q

Who keeps businesses in check?

A

Environmental protection act (1991)
Environment act (1995)

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4
Q

What are 4 environmental strategies businesses could employ?

A

Renewable energy usage, sustainable and recyclable packaging, replant trees per sale.

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5
Q

Why will environmental strategies benefit the business?

A

Better reputation, justifies a higher price.

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6
Q

What are 3 fair trade businesses?

A

Cadburys, Ben + Jerrys, Starbucks.

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7
Q

What are the consequences of being fairtrade?

A

Better reputation, more ethical, USP, support communities, pay more to farmers so less profit and have to increase prices.

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