GCSE Business - Theme 2 - 2.1 - Ethics

What is ethical behaviour?

• Doing the right thing

• Observing the law

• Accepting lower profits

Which of the following best describes the link between ethical behaviour and profits?

• A trade off

• Opportunity cost

• Social costs

How does ethical behaviour affect profits?

• It always reduces profits

• It always increases profits

• It can increase or decrease profits

Which of the following is true about acting unethically?

• Is always unlawful

• Can damage brand image

• Always increase profits

What do pressure groups aim to do?

• Change the behaviour of businesses

• Protest

• Make a profit

What does ethical behaviour mean taking account of?

• Private costs

• Social costs

• Profit

Whose interests are prioritised in ethical firms?

• Secondary stakeholders

• Primary stakeholders

• Owners

Which of these is NOT a method used by a pressure group?

• Contacting the press

• Running campaigns

• Negotiating labour rights

Which stakeholder is most able to stop unethical business behaviour?

• Pressure groups

• Customers

• Government

Why do some businesses promote their ethical behaviour?

• To cut costs

• As a marketing exercise

• To observe the law