Morals And Ethics Flashcards
How does sustainability affect a business
It can affect a business because if they do not consume natural resources than can be regenerated and use sustainable sources like wind turbines it’s healthier for their image
What are factors that influence the behaviour of a business (6things)
Ethical trading Purchasing power Sustainability Recycling Environmental factors Food miles
How can ethical trading affect a business
It avoids bad publicity
Ethical stance is good for humanity
However it’s more costly than other ways of trading
May reduce revenue
What are the three factors that are associated with the environment
Pollution
Conservation of habitats
Carbon footprint
If all of these are seen too then it’s good publicity and good for the environment
How does recycling affect a business
If a business uses effective waste management it’s good for publicity and good for the environment however it’s expensive for collection and legislations must be met like separation of glass and cardboard