4.4.2 ETHICS

Question 1

What are stakeholder conflicts in global business ?

Answer 1

Tensions between groups with different priorities (e.g., shareholders want profit; workers/community want fair pay and sustainability).

Question 2

What are pay and working conditions ethical issues ?

Answer 2

Low wages, long hours, unsafe workplaces and exploitation, especially where regulation/enforcement is weaker.

Question 3

What are environmental ethical issues?

Answer 3

Emissions and waste disposal impacts from production and products.

Question 4

What are supply chain ethical issues?

Answer 4

Exploitation of labour and child labour within suppliers.

Question 5

What are marketing ethical issues ?

Answer 5

Misleading product labelling and inappropriate promotional activities.

Question 6

How can unethical behaviour affect a business?

Answer 6

Reputational damage, boycotts, legal penalties, loss of demand and difficulty attracting staff/investors.