Ethics & Enviromental Considerations Flashcards
3 examples of ethical marketing?
Not damage the environment.
Not target children for expensive toys or junk food.
Not dominate market and set high prices.
3 examples of ethical business operations?
Staff training.
Buy from ethical suppliers.
Recyclable products.
3 pros of being environmentally friendly?
Positive publicity.
Unique selling point.
Charge higher prices.
3 cons of being environmentally friendly?
Costs a lot.
Hard to maintain.
Huge backlash if lying.
Ethical human resources
Training
Decent wage
What ethical behaviour can decrease profits?
Training
Recycling/ fair trade products
How can we see the economic climate improving?
Rise in economic factors
Economic climate
State of the economy
Sustainability
Continue production without harming future generations
Examples of acting sustainably
Renewable energy
Reduce carbon footprint
Limit use of chemicals and pesticides