Ethical Considerations in Business
Business · Year 10 · Influences on Business · 3o Periodo

Ethical Considerations in Business

Investigate the ethical dilemmas businesses face, such as fair trade and ethical sourcing. Discuss how ethical behaviour can affect a company's reputation, sales, and overall profitability.

National Curriculum Attainment TargetsDfE GCSE subject content Business Key Stage 4: Influences on business;Ethical and environmental considerations, including the trade-off between profit and ethics.

About This Topic

Investigate the ethical dilemmas businesses face, such as fair trade and ethical sourcing. Discuss how ethical behaviour can affect a company's reputation, sales, and overall profitability.

Key Questions

  1. Why might a business choose to pay above the national minimum wage?
  2. How does ethical sourcing impact a company's brand image and customer loyalty?
  3. To what extent should businesses prioritise ethical considerations over profit maximisation?

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