unit 6 - environmental and ethical considerations

Question 1

green audit -

Answer 1

an assessment of a business’ activities, its impact on the environment

Question 2

climate change-

Answer 2

occurs when weather patterns change or average temperatures rise or fall

Question 3

sustainability-

Answer 3

idea that goods and services should be made using resources that can be replaced

Question 4

gdp -

Answer 4

gross domestic product

Question 5

ecomical climate -

Answer 5

this refers to how well the country is doing in terms of the levels of employment and income

Question 6

income -

Answer 6

money earned from employment

Question 7

level of unemployment-

Answer 7

number of people out of work in a country

Question 8

level of employment-

Answer 8

number of people in work in a country

Question 9

globalisation-

Answer 9

how businesses in different countries have been increasing connected in their activities

Question 10

tarrif -

Answer 10

a tax on imports

Question 11

quota -

Answer 11

a limit on terms of the quality of a good that can be imported into a country

Question 12

impacts of globalisation on a business -

Answer 12

growth
influence on business location
international branding

Question 13

multinational-

Answer 13

a business that operates in more than one country around the world

Question 14

benifits to multinations -

Answer 14

increased sales as market is bigger
access to cheaper materials