2.2 Ethical and environmental considerations

Cards (91)

  • One key aspect of ethical conduct is legal compliance
  • Discriminating against employees is an example of an unethical
  • What is the concept closely tied to environmental responsibility in business?
    Sustainability
  • What are the three values aligned with ethical business conduct?
    Honesty, fairness, respect
  • What is fairness in ethical conduct?
    Treating all parties equitably
  • Exploiting workers or unsafe working conditions are examples of unethical practices.
  • What can result from unethical business practices?
    Reputational damage
  • Order the following environmentally responsible practices from most to least impactful:
    1️⃣ Using renewable energy sources
    2️⃣ Implementing recycling programs
    3️⃣ Designing eco-friendly products
    4️⃣ Supporting conservation efforts
  • Match the ethical issue with its ethical approach:
    Fair Treatment ↔️ Ensuring safe working conditions
    Environmental Sustainability ↔️ Using renewable energy
  • Business ethics involves applying moral principles to business practices and policies.
  • Business ethics aligns with values of honesty, fairness, and respect.
  • Embracing environmental responsibility allows businesses to reduce their carbon footprint
  • Businesses must minimize emissions to prevent air, water, and land contamination
  • Match the environmental concern with its irresponsible practice:
    Pollution ↔️ Releasing untreated pollutants
    Resource Depletion ↔️ Relying on fossil fuels
    Waste Management ↔️ Excessive waste disposal
    Climate Change ↔️ Increasing emissions without mitigation
  • Match the stakeholder with their environmental priority:
    Customers ↔️ Eco-friendly products
    Employees ↔️ Workplace sustainability initiatives
    Investors ↔️ Sustainable business practices
    Local Community ↔️ Protecting local ecosystems
  • What is the definition of business ethics?
    Moral principles in business
  • What is the impact of ethical business practices on stakeholders?
    Enhances customer loyalty
  • Why is it important for businesses to act ethically?
    Impacts reputation and relationships
  • Unethical practices can lead to legal issues and reputational damage.

    True
  • Environmental responsibility can enhance a business's brand reputation.

    True
  • Accountability means taking responsibility for actions and decisions.
    True
  • What is an example of an ethical business practice related to advertising?
    Honesty in advertising
  • Match the ethical practice with its description:
    Honesty in advertising ↔️ Being truthful in marketing
    Fair treatment of employees ↔️ Ensuring safe working conditions
  • Businesses must comply with environmental regulations to reduce their environmental impact.
    True
  • Truthfulness in advertising and labeling is an ethical approach under the issue of honesty.
  • Why is addressing ethical issues crucial for businesses?
    To maintain a positive reputation
  • How do ethical business practices impact stakeholders?
    Enhance customer loyalty
  • What is a long-term benefit of environmental responsibility in business?
    Positive brand reputation
  • Match the ethical issue with its unethical approach:
    Honesty and Transparency ↔️ Misleading or false advertising
    Fair Treatment ↔️ Exploitation of workers
    Environmental Sustainability ↔️ Polluting and wasteful activities
    Data Privacy ↔️ Unauthorized data use
  • Order the key environmental concerns businesses must address:
    1️⃣ Pollution
    2️⃣ Resource Depletion
    3️⃣ Waste Management
    4️⃣ Climate Change
  • Different stakeholders may have varying perspectives on business ethics and environmental responsibility.

    True
  • Businesses must comply with legal and regulatory frameworks related to ethics and sustainability.

    True
  • Corporate Social Responsibility (CSR) involves actions beyond legal compliance.

    True
  • Business ethics aligns with values of honesty, fairness, and respect.
    True
  • Unethical business practices can lead to legal issues and reputational damage.

    True
  • Ethical issues in business require careful consideration and decision-making.

    True
  • Exploiting or discriminating against workers is an unethical approach to fair treatment.
    True
  • What type of activity is considered unethical in terms of environmental sustainability?
    Polluting and wasteful activities
  • What does honesty and transparency in business involve?
    Accurate and truthful advertising
  • What is an example of a responsible practice for pollution control?
    Wastewater treatment