unit 6 - environmental and ethical considerations

Question 1

green audit -

Answer 1

an assessment of a business’ activities, its impact on the environment

Question 2

climate change-

Answer 2

occurs when weather patterns change or average temperatures rise or fall

Question 3

sustainability-

Answer 3

idea that goods and services should be made using resources that can be replaced

Question 4

gdp -

Answer 4

gross domestic product

Question 5

ecomical climate -

Answer 5

this refers to how well the country is doing in terms of the levels of employment and income

Question 6

income -

Answer 6

money earned from employment

Question 7

level of unemployment-

Answer 7

number of people out of work in a country

Question 8

level of employment-

Answer 8

number of people in work in a country

Question 9

globalisation-

Answer 9

how businesses in different countries have been increasing connected in their activities

Question 10

tarrif -

Answer 10

a tax on imports

Question 11

quota -

Answer 11

a limit on terms of the quality of a good that can be imported into a country

Question 12

impacts of globalisation on a business -

Answer 12

growth
influence on business location
international branding

Question 13

multinational-

Answer 13

a business that operates in more than one country around the world

Question 14

benifits to multinations -

Answer 14

increased sales as market is bigger
access to cheaper materials

Question 15

ethical

Answer 15

concerned about right and wrong , behaving in a morally correct way

Question 16

waste disposal

Answer 16

the process of getting rid of unwanted materials

Question 17

pollution

Answer 17

causing harm to the environment, including air, land and water

Question 18

consumer income

Answer 18

amount of money consumers receive from work and from assets they own such as shares and property

Question 19

interdependent nature of business

Answer 19

refers to the links bwteen different areas of business