unit 2- influences on businesses

• environmental issues:

  • pollution
  • traffic congestion
  • global warming
• sustainability: methods of production which can be continued in the long term without damage to the environment
• businesses can be environmentally responsible by:

  • recycle
  • use ethically resourceful materials
  • reducing waste
• consumers can be ethically responsible by:

  • boycott brands
  • protesting
  • buy from more ethical brands & only what you need
• ethics refers to whether a business decision is thought to be morally right or wrong
• ethical issues include:

  • treating employees and suppliers well
  • paying tax
  • reducing impact on environment
• benefits of a business behaving ethically

  1. good reputation
  2. charge higher prices
  3. USP attracts new customers
• drawbacks to businesses behaving ethically

  1. more expensive
  2. you have to stick to what you say