The Costs and Benefits of Meeting Social and Environmental Responsibilities (Leaving Cert Business): Quizzes
📚Quizzes
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10 questions from this quiz
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Practise the questions
10 questions from this quiz
What does the 'polluter pays' principle mean for businesses?
What does the 'polluter pays' principle mean for businesses?
More waste = higher disposal costs
How do increased environmental costs affect business profits?
How do increased environmental costs affect business profits?
They lower profits
What risk does a business face if it damages the environment?
What risk does a business face if it damages the environment?
Severe damage to its reputation
What did Volkswagen admit to that damaged its reputation?
What did Volkswagen admit to that damaged its reputation?
Fitting software to disguise emissions
What can happen if businesses fail to comply with environmental regulations?
What can happen if businesses fail to comply with environmental regulations?
Hefty fines and penalties
How do fair wages affect socially responsible businesses?
How do fair wages affect socially responsible businesses?
Increases the overall wage bill
What effect do recyclable materials have on manufacturing costs?
What effect do recyclable materials have on manufacturing costs?
Increase manufacturing costs
What is a cost implication of investing in eco-friendly machinery?
What is a cost implication of investing in eco-friendly machinery?
It can be more expensive
Why does The Body Shop pay fair prices for ingredients?
Why does The Body Shop pay fair prices for ingredients?
To support suppliers & community needs
How can ethical practices reduce legal fees for businesses?
How can ethical practices reduce legal fees for businesses?
By reducing risk of costly lawsuits