Making Informed Consumer Decisions (LC 2027) (Leaving Cert Business): Flashcards

Buys products made fairly, respecting all stakeholders & environment

Only buys products that minimise environmental damage

Corporate Social Responsibility - business accountability model

Environmental, philanthropic, ethical, economic responsibility

Movement ensuring fair prices & conditions for developing nations

Model extending product lifecycle, reducing waste, creating value

Unrecorded economic activity avoiding taxes & legal responsibilities

General Data Protection Regulation - protects EU citizens' data

Individual whose personal data is held/used by an organisation

Organisation deciding purposes & methods of processing data