trade off between profits and ethics Flashcards
trade off between profits and ethics
sometiime not possible to be both profitable and ethical
what is greenwashing
misleading marketing or false claims about enviromental practics creating a fascade(fake)of sustainability
companies may exaggerate eco-friendly efforts to attract consumers
cultural appropriation
exploration use f cultural elements without proprer acknowldgemeant, repect or understanding
counterfeit products
FAKE Goods
production and sale of counterfeit goods, whcih can undermine ethical practices and support crinimal activities
e.g fakee gucci slippers
way clothing retails could repond to the issue of counterfreit products
monitor online scams
penalties for selling fake products
e
educating consumers
healthy and safety issues
job losses/profit losses
what is intellecutal property threft
when large clothing retailers copy designs without perimision impacting income of real desginer
unfair wages
espcially in low wage counteries e.g indonesaid are paid inaqaeduaelty for their work in the clothing industry meaning social inequlaities
solutions to unfair wages
put prices up promising will pay fair wages
CSR
cooperate social responsibility in fashion industry
involves ethical sourcing, sustaniable practices and fair labour condiditons