Ethics (Edexcel A-Level Business): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
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Practise the cards
10 cards from this deck
Ethics
Ethics
Principles & norms shaping how individuals & orgs behave
Corruption
Corruption
Using public power for personal gain
Stakeholder
Stakeholder
Individual/group affected by organisation's decisions/activities
Living wage
Living wage
Minimum income needed for basic necessities
Sweatshop characteristics
Sweatshop characteristics
Poor ventilation, dangerous chemicals, inadequate safety, low pay
Bhopal Disaster death toll
Bhopal Disaster death toll
5,200 deaths
Dhaka Factory Collapse (2013) deaths
Dhaka Factory Collapse (2013) deaths
Over 1,000 people
Bonded labour
Bonded labour
Workers bound to employers until debt + interest repaid
Conflict minerals
Conflict minerals
Minerals sourced from conflict zones (e.g. DRC)
Guanxi
Guanxi
Chinese tradition using personal connections via gifts/favours
