Ethical

Question 1

What are the benefits of acting ethically

Answer 1

• marketing as Fair trade produced gain customer attention and increase profits /// people value ethics > price
• shareholder investment
• motivated staff more productive

Question 2

what are the disadvantages of acting ethically

Answer 2

costly high labour cost

ethically sourced material is costly hard to find suppliers

if higher prices might not get enough sales

Question 3

how can business be more sustainable

Answer 3

stop contributing to global warming

use non renewable energy