Business ethics bitesize

  • How can a business be ethical GCSE?

    Business ethics enhances the law by outlining acceptable behaviors beyond government control.
    Corporations establish business ethics to promote integrity among their employees and gain trust from key stakeholders, such as investors and consumers..

  • How does business ethics matter?

    How are individual business ethics formed? Managers and business owners make business decisions based on what they believe to be right and wrong.
    Through their actions, they demonstrate to their employees what is and is not acceptable behavior and shape the moral standard of the organization..

How can a business operate ethically and environmentally?

and adhere to government guidelines on how they can operate in terms of their effect on the environment and disposal of waste.
There are many ways a business can operate ethically and environmentally:

  • Renewable energy - solar panels or wind turbines could be used to help generate some of the electricity used in the production of products.

    • How do you know if a business is ethical?

    The way that a business treats these three groups of stakeholders is a good sign of how ethical it is.
    Exceeding expectations through putting customers at the heart of everything.
    This can include:

  • offering excellent customer service
  • quality products or services and making the customer feel valued and appreciated.

    • What are some examples of unethical business practices?

    For example, not selling a customer a mobile phone contract that they will not use.
    Giving clear and accurate product and service information to allow customers to make informed decisions.
    Businesses that behave in an unethical way are more likely to receive bad publicity and get a poor reputation.

    What are some examples of unethical business practices?

    For example, not selling a customer a mobile phone contract that they will not use

    Giving clear and accurate product and service information to allow customers to make informed decisions

    Businesses that behave in an unethical way are more likely to receive bad publicity and get a poor reputation


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