Ethics and the Environment Flashcards
What are 4 ways a business can be ethical in production?
Paying your employees the living wage.
Using Fairtrade suppliers.
Ensuring child labour is not used anywhere in your supply chain.
Purchasing materials from supplier who treat animals well (e.g. buying meat from a farm with high welfare standards).
Advantages of being ethical
Improved reputation with customers.
Strong relationships with suppliers.
Opportunity to win awards.
Disadvantages of being ethical
Increased cost if paying employees more.
Increased cost if paying suppliers more.
Increased delivery time as there are fewer ethical suppliers so may be located further away.
What are 5 ways a business can be environmentally friendly?
Reducing waste from production.
Reducing harmful carbon emissions.
Reducing the amount of plastic used in packaging.
Using recyclable materials in packaging.
Recycling waste parts from production.
Advantages of being environmentally friendly
Improved reputation with customers.
Helps to meet Government set emissions targets.
Recycling can help to reduce cost of buying more materials in.
Disadvantages of being environmentally friendly
Time consuming to recycle waste parts.
Employees may need trained to recycle properly.
Recyclable materials in packaging can be more expensive than plastic.