Unit 2.3 - environmental influence on business activity Flashcards
Name the different environmental costs. (9)
Noise pollution
Air pollution
Water pollution
Light pollution
Litter
Congestion
Waste
Climate change
Use of finite resources
Name the different ways a business can act sustainably. (12)
Reduce the amount of packaging on products
Increase recyclability of packaging and the introduction of biodegradable packaging
Promote recycling schemes
Encourage the re-use of carrier bags
Introduce energy saving schemes
Use alternative sources of energy
Use more energy-efficient equipment
Reduce water consumption
Reduce their carbon footprint
Encourage smarter use of transport
Eliminate unnecessary business activities
Switch to more sustainable suppliers
How do businesses respond to environmental issues in a sustainable manner? (6)
Using renewable energy
Switching bio-degradable packaging
Recycling schemes
Sourcing Fairtrade products
Make more efficient use of water
Reduce and minimise waste
Name the advantages of operating environmentally friendly for a business. (6)
Reduced business costs such as energy and other overheads
Avoiding legal penalties
Improved business and brand reputation – environmental friendliness can be a highly effective marketing tool
Recruitment and motivation of employees who commit themselves to ethical company objectives
Greater customer loyalty from growing number of ethical consumers
Reduced wastage
Name the disadvantages of operating environmentally friendly for a business. (4)
Higher costs to the business as they change equipment
Sourcing new suppliers or implementing new processes
Loss of competitive advantage if competitors do not act in an environmentally friendly manner
High costs will often mean higher prices for customers. This may result in the loss of customers as they go to one of their competitors
