6.2 Environmental and Ethical Issues IGCSE Business Studies

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I just want to say you are videos are helping me soo much. thanks for your time making these :)

nightline
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People like you give everyone the chance to reach their full potential - thank you

jesuslovesyou
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1.A pressure group is group of people who share a common interest and take action to achieve the changes they are seeking.
2.When making ethical decisions businesses should never take or offer brides to government officials or people working for other firms, employ child workers, agree to "fix high prices" with competitors, buy in supplies that have led to damage to the environment and pay directors large bonuses and owners of businesses large profit pay while reducing the workforce.
3.Society can boycott business until they show evidence that they are conducting business with the enivronment in mind and they can also create petitions to appeal to the company to make more ethical decisions.
4.Externalities are costs or benefits caused by a producer that is not financially incurred or received by that producer.]
5.Social responsibility refers to organizations conducting business in an ethical manner and with sensitivity towards social, cultural, economical and environmental issues.

shaniapri
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1.Pressure groups are people that work together in order to pressurize the businessee to stop damaging the environment through their products or production process.
2.the business should make sure not to bribe any person to gain any kind of secret information.
The society is the considered to be the king as they ar the customers so if a business does not give environment a higher priority his demande for his products may fall therefore leading to business closure.

siamish
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These are of help. I love business studies

GLORIANAMATOVU-bw
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the questions at the end are really helpful, thank you for making these videos

nursofeanurhisham
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are financial costs and private costs the same thing?

blindradio
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1. Is a group which tries to change goverment or business actions and decisions
2. Employ kids
3. By boycotts, pressure groups, changing brands
4. Are the consequences of the actions of the business.
5. conducting business in an ethical manner

Nicolas-uhqb
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19:12 and 19:20 are they not minus instead of plus??

iamlaure
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1. A pressure group is a group of people who want to change a business's decision
2. When making an ethical decision businesses should not employ children, should not under pay employees
and bring problems to the third parties
3. They can increase environmental tax so the business can stop harming the environment
4. is a business decision that benefits the stockholders and the shareholders

andre
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social cost is not external cost +private cost?

rexynator_ytb
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who has their igcse business studies test soon

👇

penguin_edits
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Hello, please be completely honest with my answers,
thanx in advance
1. A pressure group is a group of people who pressure businesses to become socially responsible and aware of their environmental waste.
2. Bribe government officials,
3. By setting up pressure groups, then try boycotting a certain manufacturer by alerting the masses of the negative effects the manufacturer has on the environment.
4. External factors that affect a business.
5. Social responsibility is the responsibility of caring about society and the environment of that society

blindradio