2.2 Ethical And Environmental Responsibility Flashcards
1
Q
Fair trade products
A
are those for which customers pay higher prices and offer better trading terms, such as payments with orders. The aim is to improve the living standards of people in poorer countries where the products are produced.
2
Q
Social responsibility
A
an approach to managing businesses in which the interests of all groups in society are taken into account when making decisions.
3
Q
The environment
A
the natural world in which we live. It is the landscape and its natural features such as the seas, rivers, forests and mountains.
4
Q
External cost
A
production arise when a business's activities result in harmful effects on other people not directly involved in production.
5
Q
Non-renewable resources
A
are those
of which only a limited
amount exists such as
coal and oil.
6
Q
Global warming
A
the
gradual heating of Earth’s
surface, oceans and
atmosphere.
7
Q
A pressure group
A
is a group of people with a common interest who influence public opinion and decisions by businesses and governments.
8
Q
Environmental responsibility
A
taking of decisions by businesses, consumers, governments and other groups with the intention of protecting the environment.
9
Q
Sustainability
A
refers to methods of production which can be continued in the long term without damage to the environment.
10
Q
Ethics
A
Wether a decision is thought to be morally right or wrong
11
Q
Profit
A
Deifferencd between revenue and total cost
12
Q
Recycling
A
The re-use of raw materials
13
Q
Environmental reporting
A
The publication of a businesses environmentally performance to the public
