Evaluate the impact of technological factors on businesses and their stakeholders. ETHICAL, LEGAL 23 AND ENVIRONMENTAL - FACTORS 24 Ethical Explain the meaning of business Investigate the ethical policies of particular businesses. Assess the ethics. advantages and disadvantages to the business of pursuing ethical policies. Assess the extent to which the business is committed to Understand the types of ethical issues carrying out ethical policies. a business will face including environmental, animal rights, treatment of workers, suppliers and customers. Explain the meaning of corporate Use the Internet to research how global companies such as social responsibility (CSR). McDonalds, Starbucks, etc. implement their CSR. What conflicts arise between the responsibilities that these companies Understand the possible conflict have to the environment and the local community, and to its between ethics and profitability. shareholders, suppliers and employees? Evaluate the impact on the profitability of a business of having ethical objectives. Evaluate the ethical stance of Legal businesses from the point of view of
Evaluate the impact of technological factors on businesses and their stakeholders. 23 - 24 ETHICAL, LEGAL AND ENVIRONMENTAL FACTORS Ethical Legal Explain the meaning of business ethics. Understand the types of ethical issues a business will face including environmental, animal rights, treatment of workers, suppliers and customers. Explain the meaning of corporate social responsibility (CSR). Understand the possible conflict between ethics and profitability. Evaluate the impact on the profitability of a business of having ethical objectives. Evaluate the ethical stance of businesses from the point of view of Investigate the ethical policies of particular businesses. Assess the advantages and disadvantages to the business of pursuing ethical policies. Assess the extent to which the business is committed to carrying out ethical policies. Use the Internet to research how global companies such as McDonalds, Starbucks, etc. implement their CSR. What conflicts arise between the responsibilities that these companies have to the environment and the local community, and to its shareholders, suppliers and employees?
wjec_business_outline_september_2015.docx