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Ethical, environmental and economic influences

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教育者の方へ: Ethical, environmental and economic influences(Business Studies、Influences on Business)向けのすぐ使えるレッスンスライド, 復習ノート — レッスンで使うか、学習者がライブゲームとして遊ぶインタラクティブなクラス活動としてトピックを実施できます。

レッスンノート

Ethics

  • Ethics concerns fair and honest treatment of workers, customers and other stakeholders, including sourcing and advertising. Stakeholders may disagree; legality and ethics overlap but are not identical.
  • Improved conditions and reliable checks may require spending, while trust, waste reduction or lower risk may help the business. No approach guarantees greater loyalty or lower profit. Fair trade broadly seeks better trading terms; specific certification systems have their own applicable rules.

Explain an ethical trade-off

Explain an ethical trade-offDecisionQuestion to investigateLabour standardsWhat conditions and checks areneeded?HonestcommunicationDoes evidence support the overallclaim?ResponsiblesourcingWhat happens across the supply chain?Business effectWhat costs, benefits and obligationsfollow?

Environmental influences

  • Sustainability connects present needs with future generations’ ability to meet theirs, including scarce resources and social and environmental effects. Consider pollution, congestion, noise, waste and greenhouse gases rather than treating the environment as carbon alone.
  • Carbon footprints express greenhouse gases as CO2e over stated scope and time. Prevention, reuse, recycling and energy changes have lifecycle trade-offs and costs. Green claims should be clear, supported and limited to what the evidence establishes; an improvement in one measure is not proof of zero impact.

Evaluate environmental action

Evaluate environmental actionAction ormeasureCheckWastepreventionCan unnecessary materials be avoided?RecyclingCollection, contamination andprocessing impactsRenewableinvestmentLifecycle effects, use and total costCarbonfootprintDefined boundary, period and CO2eGreen claimClear scope and credible evidence

Pressure groups

  • Pressure groups organise to influence decisions on issues, using research, dialogue, petitions, publicity or boycotts. Their evidence and support can affect stakeholder views, regulation or business choices, but impact is not guaranteed.
  • A business can investigate concerns and improve or explain its conduct rather than treating every campaign only as a publicity threat. Credible engagement may be constructive; unsupported claims or superficial responses can damage trust.

Economic climate

  • Higher contractual variable rates can increase interest, while fixed agreements may not change immediately. Saving returns and borrowing costs can restrain spending overall, but effects differ across borrowers and savers. Inflation is a general price-level rise, not a requirement that every firm’s input costs increase equally.
  • Employment, real income and confidence affect spending and recruitment. Unemployment requires being without work and seeking and available for it, subject to statistical rules. Recession concerns contracting real activity; two consecutive quarterly real-GDP falls are a common technical convention, not proof every firm loses sales.
  • With price and currency assumptions stated, appreciation raises the foreign cost of a sterling-priced export and reduces the sterling cost of a foreign-priced import. Fictional £1 = $1.25 → $1.50 makes a £100 export $125 → $150 and a $150 import £120 → £100, excluding fees and hedging. Sales and net profit are not determined by conversion alone.

Economic channels are conditional

Economic channels are conditionalChangePossible business effectHigher variableborrowing rateMore interest on unchanged debtHigher savingreturnsMore saver income; incentive topostpone spendingLower real incomeWeaker demand for somediscretionary itemsHigher generalpricesSome inputs rise; contracts andpricing matterCurrencyappreciationEffects depend on invoice currencyand prices

Business responses

  • Businesses can review pricing, capacity, sourcing, costs, finance and investment as conditions change. Price cuts may support demand but reduce contribution; delaying investment preserves cash but may sacrifice future capacity or efficiency. Explain the case-specific consequence.
  • Fictional environmental equipment: £4,000 upfront, £1,200 avoided annual waste cost less £200 running cost = £1,000 net annual saving, with four-year simple payback on constant assumptions. Consider finance, reliability, environmental impacts and obligations as well as the estimate; no current quotation or guaranteed saving is implied.

A fictional waste-reduction project

A fictional waste-reduction projectMeasureWorkingUpfront equipment£4,000Annual avoided waste cost£1,200Annual added running cost£200Net annual saving£1,000Simple payback£4,000 ÷ £1,000 = 4 years

Corporate social responsibility

  • CSR concerns responsibility for the business’s social and environmental effects, supported by operational action and credible evidence. Charitable publicity alone does not establish fair treatment, low impacts or honest claims.
  • Measure both totals and intensity: fictional 1,000 units × 4 kg CO2e = 4,000 kg; 2,000 × 3 kg = 6,000 kg. Per-unit emissions fall 25% while the total rises 50%. State the boundary and time and avoid implying that a favourable ratio proves all impacts improved.

Intensity and total emissions differ

Intensity and total emissions differFictional annual measureFirst periodLater periodOutput1,000 units2,000 unitsEmissions per unit4 kg CO2e3 kg CO2eTotal within boundary4,000 kg CO2e6,000 kg CO2e

スライド

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練習問題

無料プレビュー — 35問中8問。すべて見るには登録を。
  1. 1.What are business ethics?

    Easy
    • Amoral principles guiding behaviour
    • Btax rules
    • Cwage scales
    • Dstock lists
  2. 2.What is sustainability?

    Easy
    • Ausing all resources quickly
    • Bignoring the environment
    • Craising prices
    • Dmeeting present needs while preserving future generations’ ability to meet theirs
  3. 3.What is a carbon footprint?

    Easy
    • Athe number of staff
    • Bthe price
    • Cgreenhouse gas emissions within a defined scope, expressed as CO2e
    • Dthe firm's profit
  4. 4.What is a pressure group?

    Easy
    • Aa list of product prices only
    • Ban organised group seeking to influence decisions on an issue
    • Ca table listing stock quantities
    • Da calculation of wages only
  5. 5.What is interest rate?

    Easy
    • Athe cost of borrowing or reward for saving
    • Ba tax
    • Ca wage
    • Da price
  6. 6.What is an exchange rate?

    Easy
    • Athe price of oil
    • Bthe cost of labour
    • Ca tax
    • Dthe price of one currency in another
  7. 7.What is inflation?

    Easy
    • Aa rise in wages only
    • Ba fall in output
    • Ca general rise in prices
    • Da fall in prices
  8. 8.What is unemployment?

    Easy
    • Apeople studying
    • Bpeople without work who are seeking and available for work
    • Cpeople in jobs
    • Dpeople retired

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