2.1.4 - Ethics, the environment and business

Which of the following is an example of a business behaving ethically?

• Paying employees above the living wage

• Buying non fair trade products rather than the fair trade alternative

• Paying suppliers the lowest possible price for raw materials

• Setting high retail prices as the only producer of an essential product

Which of the following methods would an environmentally responsible business use to manage waste?

• Send all waste to landfill

• Reduce the amount of waste created and recycle where possible

• Incinerate waste

• Use non-recyclable packaging

Which of the following best describes the term pressure group?

• An individual that has shares in a business

• Anyone who has an interest or is affected by the activities of a business

• An individual or organisation that provides a business with materials

• An organisation with shared aims that seek to influence opinions, decisions and policy

Which of the following statements best describes the term ethical behaviour? When a business behaves in a way that:

• Is classed as morally wrong

• Minimises costs

• All stakeholders consider fair and honest

• Maximises profits

Which of the following best describes the term trade-off?

• Having more of one thing may mean having less of another

• Having more of one thing may mean having even more of another

• Having the same amounts of everything

• Having less of everything

Pressure groups are campaigning for the replacement of single use plastic items, such as straws, with sustainable alternatives. A fast food outlet has responded by providing customers with paper straws. Which element of the marketing mix has changed?

• Product

• Price

• Pormotion

• Place

Businesses often face a trade-off between environmental responsibility and profit. Which of the following is an example of a cosmetics business prioritising profit over the environment?

• Using more expensive ingredients that create less pollution

• Using less expensive ingredients that create less pollution

• Using more expensive ingredients that create more pollution

• Using less expensive ingredients that create more pollution

Which of the following statements best describes the term sustainability?

• When a business behaves in a way that is viewed as morally right

• The contamination of the environment

• When a business considers its behaviour as ethical

• The use of resources which does not lead to environmental damage

Which of the following is an example of how a business could accept greater environmental responsibility?

• Reduce the trade credit period to pay suppliers by five days

• Pay material suppliers a fair price for any goods purchased

• Use more fuel efficient methods to transport bulky products

• Pay all employees above the National Living Wage

Which of the following behaviours by a car manufacturer could be classed as unethical?

• Producing vehicles with high fuel consumption

• Researching alternative, environmentally friendly, fuel types

• Producing energy efficient hybrid cars

• Researching new, advanced, vehicle safety features