moral principals that guide behaviours of individuals and businesses. When making decisions, businesses must consider the impact they have on all stakeholders.
Pressure Groups
Organisations that try to make businesses change their behaviour and operations. Focus on workers rights, animal rights, the environment and poverty.
Ethical Behaviour
treating workers and suppliers fairly
honesty
ethical sourcing of material
investing in community
meeting government requirements
caring for environment and operating sustainably
Ethical Considerations
thinking about ethics, may lead to making morally valid decisions or lead to manipulation of customer attitudes.
Fair Trade
a social movement whose goal is to help producers in developing countries achieve better trading conditions and promote sustainability.
Sustainability
whether or not a resource will run out or not, a sustainable resource wont.
Ways for a business to be ethical
pay fair trade
pay suppliers fairly and on time
ensure production doesn't harm environment, animals or people