Unit 1.5

Question 1

What are the 6 Aims

Answer 1

1)Growth
2) Corporate Image
3) Profit
4) Social Responsibility
5) Care for environment
6) Survival

Question 2

What is Survival?

Answer 2

Keeping the business operating for a certain amount of time(Usually the first year)

Question 3

What is Social Responsibility?

Answer 3

being socially responsible and try include the community of which they take part of

Question 4

What does Concern for environment mean?

Answer 4

Adapting stratergies to reduce Carbon Emission, recycling,using eco friendly material

Question 5

What is Corporate Image?

Answer 5

is the public perception of an business

Question 6

What is Growth

Answer 6

is the expansion of the company in terms of growth in revenue, customer base, market share, or producing more goods.

Question 7

Analyze one reason why aims and objectives are helpful to a business

Answer 7

Aims can motivate workers. This is because workers have targets to achieve and they may be encouraged and work harder to achieve them. This is advantageous because it could lead to increased productivity and greater job satisfaction

Question 8

Define Ethics

Answer 8

Moral principles that govern a person’s behavior

Question 9

Examples of Employee Welfare

Answer 9

Fair Wages
Employee benefits
Good working environments

Question 10

Examples of Equality

Answer 10

Treating all the customers the same
Treat able and disable person equally
Treat male and females equally

Question 11

What are 4 ethics business follow?

Answer 11

Social Responsibility
Environment
Equality
Employee Welfare

Question 12

Examples of Environmental issues

Answer 12

Provide Litter bins
Recycle bins

Question 13

Examples of Social Responsibility

Answer 13

Refusing to trade in goods which have been made in countries where workers are exploited

Question 14

Analyze One ethical issue

Answer 14

Employee Welfare
spending money on provide good working conditions, holidays and good working hours