2.2 Ethical and environmental considerations

    Cards (91)

    • One key aspect of ethical conduct is legal compliance
    • Discriminating against employees is an example of an unethical
    • What is the concept closely tied to environmental responsibility in business?
      Sustainability
    • What are the three values aligned with ethical business conduct?
      Honesty, fairness, respect
    • What is fairness in ethical conduct?
      Treating all parties equitably
    • Exploiting workers or unsafe working conditions are examples of unethical practices.
    • What can result from unethical business practices?
      Reputational damage
    • Order the following environmentally responsible practices from most to least impactful:
      1️⃣ Using renewable energy sources
      2️⃣ Implementing recycling programs
      3️⃣ Designing eco-friendly products
      4️⃣ Supporting conservation efforts
    • Match the ethical issue with its ethical approach:
      Fair Treatment ↔️ Ensuring safe working conditions
      Environmental Sustainability ↔️ Using renewable energy
    • Business ethics involves applying moral principles to business practices and policies.
    • Business ethics aligns with values of honesty, fairness, and respect.
    • Embracing environmental responsibility allows businesses to reduce their carbon footprint
    • Businesses must minimize emissions to prevent air, water, and land contamination
    • Match the environmental concern with its irresponsible practice:
      Pollution ↔️ Releasing untreated pollutants
      Resource Depletion ↔️ Relying on fossil fuels
      Waste Management ↔️ Excessive waste disposal
      Climate Change ↔️ Increasing emissions without mitigation
    • Match the stakeholder with their environmental priority:
      Customers ↔️ Eco-friendly products
      Employees ↔️ Workplace sustainability initiatives
      Investors ↔️ Sustainable business practices
      Local Community ↔️ Protecting local ecosystems
    • What is the definition of business ethics?
      Moral principles in business
    • What is the impact of ethical business practices on stakeholders?
      Enhances customer loyalty
    • Why is it important for businesses to act ethically?
      Impacts reputation and relationships
    • Unethical practices can lead to legal issues and reputational damage.

      True
    • Environmental responsibility can enhance a business's brand reputation.

      True
    • Accountability means taking responsibility for actions and decisions.
      True
    • What is an example of an ethical business practice related to advertising?
      Honesty in advertising
    • Match the ethical practice with its description:
      Honesty in advertising ↔️ Being truthful in marketing
      Fair treatment of employees ↔️ Ensuring safe working conditions
    • Businesses must comply with environmental regulations to reduce their environmental impact.
      True
    • Truthfulness in advertising and labeling is an ethical approach under the issue of honesty.
    • Why is addressing ethical issues crucial for businesses?
      To maintain a positive reputation
    • How do ethical business practices impact stakeholders?
      Enhance customer loyalty
    • What is a long-term benefit of environmental responsibility in business?
      Positive brand reputation
    • Match the ethical issue with its unethical approach:
      Honesty and Transparency ↔️ Misleading or false advertising
      Fair Treatment ↔️ Exploitation of workers
      Environmental Sustainability ↔️ Polluting and wasteful activities
      Data Privacy ↔️ Unauthorized data use
    • Order the key environmental concerns businesses must address:
      1️⃣ Pollution
      2️⃣ Resource Depletion
      3️⃣ Waste Management
      4️⃣ Climate Change
    • Different stakeholders may have varying perspectives on business ethics and environmental responsibility.

      True
    • Businesses must comply with legal and regulatory frameworks related to ethics and sustainability.

      True
    • Corporate Social Responsibility (CSR) involves actions beyond legal compliance.

      True
    • Business ethics aligns with values of honesty, fairness, and respect.
      True
    • Unethical business practices can lead to legal issues and reputational damage.

      True
    • Ethical issues in business require careful consideration and decision-making.

      True
    • Exploiting or discriminating against workers is an unethical approach to fair treatment.
      True
    • What type of activity is considered unethical in terms of environmental sustainability?
      Polluting and wasteful activities
    • What does honesty and transparency in business involve?
      Accurate and truthful advertising
    • What is an example of a responsible practice for pollution control?
      Wastewater treatment