S2 Business Ethics

What does it mean for a business to act ethically?

• To maximize profits at any cost.

• To follow only those laws that benefit the business.

• To act in a socially responsible way, doing what is right even if not legally required.

• To avoid any social responsibilities.

Which of the following is NOT a way that businesses can be ethical?

• Using renewable energy

• Reducing energy consumption

• Increasing pollution

• Recycling waste

What is one ethical practice mentioned that helps in reducing environmental impact?

• Testing on animals

• Using non-renewable resources

• Reducing transport

• Increasing waste production

Which practice contributes to a business being considered cruelty-free?

• Not testing on animals

• Using plastic materials

• Ignoring recycling

• Increasing energy use

What is one way a business can treat their employees ethically?

• Provide transportation allowances

• Offer stock options

• Pay a fair wage

• Increase vacation days

What is an example of flexible working conditions that a business could provide?

• Remote work opportunities

• Gym memberships

• Free lunches

• Annual bonuses

What is one way a business can treat their suppliers ethically?

• Pay fair prices for goods and services received

• Charge extra fees

• Delay payments as long as possible

• Provide minimal information to suppliers

What is the primary goal of Fairtrade according to the image?

• To increase profits for large corporations

• To improve living standards and invest in communities

• To focus solely on environmental protection

• To reduce the cost of goods for consumers

What is one advantage of Fairtrade?

• It reduces the company's profits.

• It improves the company's reputation as ethical.

• It increases the cost of products for all customers.

• It limits the choice of suppliers available.

What is a disadvantage for Fairtrade?

• It improves the quality of life for workers.

• It enhances the company's reputation.

• It may increase the cost of products, deterring some customers.

• It ensures a larger variety of products in the market.