
Ethical Business and Fast Fashion

Flashcard
•
Business
•
University
•
Hard
Naomi Manansala
FREE Resource
Student preview

10 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What does the term Fast Fashion mean?
Back
Fast Fashion refers to the rapid production of high volumes of clothing, designed to be trendy and affordable, encouraging consumers to buy more frequently.
2.
FLASHCARD QUESTION
Front
How do clothing businesses encourage customers to buy more clothes?
Back
Clothing businesses use marketing strategies, limited-time offers, and trends to create a sense of urgency and desire for new purchases.
3.
FLASHCARD QUESTION
Front
What is the impact on the environment of making and disposing of clothes?
Back
The production and disposal of clothes contribute to pollution, waste, and resource depletion, negatively affecting the environment.
4.
FLASHCARD QUESTION
Front
What are some ways the clothing industry can be more environmentally friendly?
Back
The industry can use sustainable materials, promote recycling, and reduce waste in production processes.
5.
FLASHCARD QUESTION
Front
What is the main objective of a business?
Back
The main objective of a business is to make a profit.
6.
FLASHCARD QUESTION
Front
What does the equation Sales – Costs = Profit represent?
Back
This equation illustrates that profit is the difference between the revenue generated from sales and the costs incurred in producing goods.
7.
FLASHCARD QUESTION
Front
What does it mean if a material or fabric is sustainable?
Back
A sustainable material or fabric is produced in a way that is environmentally friendly, using resources that can be replenished.
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