Ethics And Environmental Issues Flashcards
What is ‘ethics’
Moral principles that govern business behaviour
3 Ways a business can be more ethical.
Paying employees more
Improving working conditions
Reducing pollution
What is ‘Fair trade’
Trade where fair prices have to be paid to suppliers in developing countries
What is ‘social responsibility’
Taking into account the needs of all stakeholders in a business
What is ‘Noise pollution’
Any disagreeable sounds that cause disruption and discomfort in people or animals
What does ‘USP’ stand for
Unique Selling Point
What is ‘environmental’
Something relating to the natural world and impact of human activity on nature
3 ways a business can be more environmentally friendly
Recycling
Reducing packaging
Selecting suppliers that do not harm the environment
What is ‘recycling’
The re-use of raw materials in making products
What are 3 recyclable materials
Paper
Plastic
Metal