2.2 Ethical and environmental considerations

• Match the ethical practice with its corresponding unethical practice:

  Paying fair wages ↔️ Exploiting workers

  Environmentally sustainable operations ↔️ Polluting the environment

  Honest marketing ↔️ Misleading advertising
• What can unethical business practices lead to in terms of legal issues?

  Regulatory penalties
• What is one ethical practice related to pollution?

  Minimizing emissions
• What type of investments are required for compliance with environmental regulations?

  Technology and processes
• How can addressing environmental concerns improve a company's reputation?

  By enhancing brand image
• Ethics in business focuses solely on profit maximization.

  False
• Why is ethical behavior crucial for businesses in terms of reputation and brand image?

  Builds stronger brand loyalty
• Ethical businesses are better positioned for long-term sustainability.


  True
• Polluting the environment is an unethical business practice.

  True
• Ethics in Business refers to the moral principles and values
• Businesses that prioritize ethics often build stronger reputations and customer loyalty.


  True
• Unethical practices such as avoiding taxes can result in lasting damage to a business's reputation
• Unsustainable practices damage the environment in the long-term
• What are the benefits for businesses that prioritize environmental considerations and adopt ethical practices?

  Sustainability and stronger reputations
• Ethical practices such as minimizing emissions and using renewable resources can ensure regulatory compliance
• Ethics in business is guided by moral principles and values
• What is an example of an ethical business practice related to employees?

  Paying fair wages
• Adhering to ethical standards helps businesses avoid legal issues and regulatory penalties
• Unethical practices such as misleading marketing can result in lasting damage to a business's reputation
• What is an example of an ethical practice in customer relations?

  Protecting customer privacy
• Match the environmental consideration with its ethical practice:

  Pollution ↔️ Minimizing emissions

  Resource Usage ↔️ Using renewable resources

  Sustainability ↔️ Adopting green initiatives
• What are the ethical and unethical approaches to environmental compliance regarding costs?

  Ethical compliance reduces costs
• What is included in environmental considerations for businesses?

  Impact on natural environment
• Compliance with environmental regulations requires investments in technology to reduce pollution and waste
• Compliance with environmental regulations requires investments in technology and processes to reduce pollution
• Higher costs for businesses can result from penalties and fines for non-compliance
• Ethical businesses build trust and attract customers by demonstrating sustainability.

  True
• Damaging brand reputation can lead to a loss of customer trust.

  True
• Over-reliance on non-renewable energy is an unethical practice in the area of energy consumption
• What are some examples of ethical environmental practices in business?

  Reducing emissions and conserving resources
• What are the consequences of unethical practices like misleading marketing or illegal dumping?

  Legal penalties and reputational damage
• Match the area with its ethical or unethical practice:

  Energy Consumption ↔️ Using renewable energy sources

  Waste Management ↔️ Illegal dumping of waste

  Packaging ↔️ Eco-friendly and reusable packaging
• Order the benefits of environmental sustainability for businesses:

  1️⃣ Enhance Reputation

  2️⃣ Ensure Compliance

  3️⃣ Promote Long-Term Viability

  4️⃣ Boost Employee Morale
• Pollution control laws regulate emissions and waste disposal.
• Polluting the environment is an example of unethical business behavior.

  True
• List the reasons why ethical behavior is crucial for businesses in order of importance:

  1️⃣ Reputation and Brand Image

  2️⃣ Regulatory Compliance

  3️⃣ Employee Morale and Retention

  4️⃣ Long-Term Sustainability
• Businesses that ignore social and community needs are acting ethically.

  False
• How do environmental concerns impact businesses directly?

  Compliance costs
• Environmental concerns significantly impact businesses through compliance with regulations
• Consumers increasingly favor companies that demonstrate sustainability.


  True