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Ethical and environmental considerations
Study how ethical and environmental expectations influence business decisions and create trade-offs with profit.
6
Objectives
10
Flashcards
10
Questions
90 min
Study time
AqaGcseBusinessInfluences on business
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Syllabus checklist
What you need to know
6 objective pages available
Ethical considerations3 objectives
- Identify where a business may face a trade-off between ethics and profit.
- Analyse benefits and drawbacks of ethical behaviour by businesses.
- Use relevant examples of businesses behaving ethically.
Environmental responsibility and sustainability3 objectives
- Explain how businesses and consumers may accept greater environmental responsibility in decision making.
- Analyse costs and benefits of environmentally responsible business behaviour.
- Identify where a business may face a trade-off between sustainability and profit.
Key terms
ethicsIdentifyethical behaviourAnalyserelevantexamplesenvironmental responsibilityExplainanalysecostssustainability
Exam tips
- Ethical considerations exam tip 1: Use precise subject-specific vocabulary when you explain how to identify where a business may face a trade-off between ethics and profit..
- Ethical considerations exam tip 1: Use precise subject-specific vocabulary when you explain how to analyse benefits and drawbacks of ethical behaviour by businesses..
Common mistakes
- Ethical considerations common mistake 1: Answer by clearly explaining how to identify where a business may face a trade-off between ethics and profit..
- Ethical considerations common mistake 1: Answer by clearly explaining how to analyse benefits and drawbacks of ethical behaviour by businesses..
Practice preview
- CloudCart serves local families while changing supplier; the case evidence includes gross profit margin of ?6,184, sales of 729 units, and a 25% change in costs or demand. Which option best applies Identify where a business may face a trade-off between ethics and profit?
- RiverRun Catering serves tourists while improving quality control; the case evidence includes average order value of ?4,589, sales of 804 units, and a 8% change in costs or demand. Which option best applies Identify where a business may face a trade-off between ethics and profit?
- GreenGlow serves price-sensitive customers while using retained profit; the case evidence includes break-even output of ?11,056, sales of 711 units, and a 27% change in costs or demand. Which option best applies Identify where a business may face a trade-off between ethics and profit?
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