Ethics of Organisations 140224

Describe what is meant by the term ‘ethics’

Explain one external dilemma a business organisation might face.

Explain one factor that could affect a business organisation’s ability to take an ethical stance

Explain why an organisation might create a code of ethics.

Describe TWO factors that an ethical consumer might consider before buying products or services from a business organisation.

Outline TWO benefits to a business organisation of operating ethically.

Outline ONE benefit to society when a business organisation operates ethically.

 

Explain ONE problem, with an example, that a business can face when taking an ethical stance.

Explain TWO potential impacts on a business failing to act ethically