Ethical And Environmental Considerations Flashcards
1
Q
Fair trade products
A
Fair trade products 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
Social responsibility is 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 environment is 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 costs
A
External costs of 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
Non-renewable resources are those of which only a limited amount exists such as coal and oil.
6
Q
Global warming
A
Global warming is the
gradual heating of Earth’s
surface, oceans and
atmosphere.
7
Q
A pressure group
A
A pressure group is a group of people with a common interest who influence public opinion and decisions by businesses and governments.
8
Q
Environmental
responsibility
A
Environmental responsibility refers to the taking of decisions by businesses, consumers, governments and other groups with the intention of protecting the environment.
9
Q
Sustainability
A
10
Q
A
Sustainability refers to methods of production which can be continued in the long term without damage to the environment.
11
Q
Recycling
A
Recycling is the reuse of raw materials used in making products, often for many times. Examples include the reuse of glass, paper and metals.
12
Q
Environmental
reporting
A
Environmental reporting is the publication of a business's environmental performance to the general public.
