SUSTAINABILITY

Question 1

In exam Remember to consider sustainability both in terms of areas the business is doing well and also improvements it could make to promote more sustainable practices

Answer 1

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Question 2

Susainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs

Answer 2

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Question 3

3 objectives of sustainable development

Answer 3

Economic growth
Decisions are based on the long term growth of the business

Environmental protection
Decisions made do not harm the environment

Social equality
Decisions promote the well being of all employees and the local community

Question 4

Examples Economic growth

Answer 4

Using fair pricing policies when charging customers

Paying a fair wage (I think veggie del do this) rather than the lowest possible to allow workers to remain with the biz in the long-term and protect its future

Question 5

Examples environmental protection

Answer 5

Reducing carbon footprint of biz eg cycle to work/car share schemes

Using suppliers who promote sustainable practices in the production of their products

Question 6

Examples Social equality

Answer 6

Sponsorship of local charity events

Employing local labour where possible or training local people to become more skilled and employable