Unit 2.2 - Ethical and environmental considerations

Question 1

Define ethics

Answer 1

Moral principle - what is right and wrong

Question 2

Businesses behave ethically (6)

Answer 2

Create codes of conduct in overseas operations - as they have different laws on working conditions
Fair trade
Comfortable working environment
Data protection
Product development - no animal testing
Marketing - not to target children/slander other products

Question 3

Benefits of behaving ethically (3)

Answer 3

Improved brand image/ reputation - marketing their positive behaviour
Motivate stakeholders - work harder, invest more
Increase profit

Question 4

Costs of behaving ethically (3)

Answer 4

Expensive
May be more difficult to find goods - using fair trade
Decrease profit

Question 5

Businesses reduce their environmental impact (7)

Answer 5

Decrease the amount of packaging
Recycling
Dispose of waste carefully - particularly hazardous
Car share schemes
Cycle to work schemes - supporting the purchasing of bikes
More efficient machinery - less air pollution
Quieter machinery, sound barriers or insulation to reduce noise pollution

Question 6

Define sustainable

Answer 6

Working in a way that doesn’t damage the earth for future generations

Question 7

Benefits of being environmentally friendly (2)

Answer 7

People are more aware and buying environmentally friendly products - increased sales
Competitive advantage

Question 8

Costs of being environmentally friendly (1)

Answer 8

Expensive - new equipment and processes