Ethical and environmental considerations (OCR GCSE Business): Flashcards
📚Flashcards
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15 cards from this deck
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Practise the cards
15 cards from this deck
Ethical considerations in business
Ethical considerations in business
Making decisions that are morally right
Fair wage - ethical treatment of workers
Fair wage - ethical treatment of workers
Paying workers fairly
Ethical sourcing of materials
Ethical sourcing of materials
Avoid buying from businesses that exploit their labour
Ethical treatment of suppliers - payment
Ethical treatment of suppliers - payment
Avoid late payment & pay fair prices
Ethical marketing practice
Ethical marketing practice
Avoid false claims about goods or services
Ethical practices advantage - workforce
Ethical practices advantage - workforce
Workers are more productive
Ethical practices disadvantage
Ethical practices disadvantage
Higher costs (e.g. fair wages, sustainable materials)
Environmental considerations definition
Environmental considerations definition
Actions to minimise negative impact on environment
Sustainability definition
Sustainability definition
Using resources without depleting them for future generations
Renewable energy sources examples
Renewable energy sources examples
Wind and solar power
Waste disposal aim
Waste disposal aim
Properly managing waste to minimise environmental impact
Pollution in business context
Pollution in business context
Reducing emissions & contaminants released to environment
Climate change business action examples
Climate change business action examples
Reducing carbon footprint, using eco-friendly materials
Environmental practices advantage - sales
Environmental practices advantage - sales
Attracting environmentally conscious consumers
Environmental practices disadvantage - costs
Environmental practices disadvantage - costs
Higher production costs for eco-friendly materials/processes