In the context of ethical considerations, which of the following is considered a negative impact an enterprise might have on society?
Cambridge IGCSE · Enterprise (0454)
Ethical considerations: Practice Questions
5 multiple-choice questions marked as you go, and 5 written questions with worked solutions. All on Ethical considerations.
An enterprise chooses to source materials only from suppliers who pay their workers a living wage. How does this decision most likely impact the operation of the enterprise?
An enterprise decides to source all of its materials from Fair Trade suppliers, even though this results in a cost increase of \( 15\% \). Which of the following best describes the likely impact of this ethical consideration on the enterprise?
How can an enterprise demonstrate ethical behavior in its production processes according to the syllabus guidance?
Which of the following identifies a potential conflict between ethical considerations and the financial operation of an enterprise?
Identify two examples of ethical considerations that an enterprise might adopt during its operation.
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Explain the potential conflict between maximizing profit and ethical considerations.
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Evaluate the potential dilemma an enterprise might face when deciding to donate profits to charity while also needing to meet its legal obligation to provide a true and fair view of finances to its lenders.
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Ethical enterprises often choose to follow moral values and beliefs in their operations.
(a) Define what is meant by fair trade as an ethical consideration.
(b) Identify two ways an enterprise could use its profits to demonstrate a commitment to ethical considerations.
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A new enterprise, "EcoClean Solutions", aims to produce and sell a range of environmentally friendly cleaning products. The founder, Aisha, is committed to running a business that has a positive impact on both its customers and the environment.
a) Identify two ethical considerations that Aisha's enterprise, EcoClean Solutions, might need to address in its operations.
b) Explain how one of the ethical considerations identified in part (a) could influence the specific operational decisions of EcoClean Solutions.
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