Pre- starter The new head office of Apple is going to open in Worksop. Is that a good thing? Explain your answer.

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Presentation transcript:

Pre- starter The new head office of Apple is going to open in Worksop. Is that a good thing? Explain your answer.

Unit 3 Topic 6: How businesses affect society

Unit 3 Topic 5: People and business Unit 3 exam dates Unit 3 Topic 5: People and business

Use the ethics section of this website: Aspire: Describe the impact a business can have on society if they act ethically or unethically. Challenge: Give examples of ethical and unethical business decisions. Use the ethics section of this website: http://www.bbc.co.uk/schools/gcsebitesize/business/environment/ List examples of ethical and unethical actions of businesses. Keywords: evade, corrupt, unfair, fair trade, benefit, poverty, reputation and succeed.

Aspire: Describe the impact a business can have on society if they act ethically or unethically. Challenge: Give examples of ethical and unethical business decisions. Let’s dig the dirt: Internet research: what kinds of unethical behaviour have Primark, BP, Nike and Tesco been accused of? A company per pair. Keywords: evade, corrupt, unfair, fair trade, benefit, poverty, reputation and succeed.

What do the financial conduct authority say about it? Aspire: Describe the impact a business can have on society if they act ethically or unethically. Challenge: Give examples of ethical and unethical business decisions. What do the financial conduct authority say about it? Read the print out in pairs. Keywords: evade, corrupt, unfair, fair trade, benefit, poverty, reputation and succeed.

6.2 The societal impact of ethical and unethical behaviour Aspire: Describe the impact a business can have on society if they act ethically or unethically. Challenge: Give examples of ethical and unethical business decisions. 6.2 The societal impact of ethical and unethical behaviour Lets look at each in turn: Employees pay and conditions Discrimination Trading fairly Transparency and sales Diet and health Environmental health and sustainability Impact on local areas Corporate tax avoidance The role of pressure groups Keywords: evade, corrupt, unfair, fair trade, benefit, poverty, reputation and succeed.

An example of unethical behaviour – avoiding corporation tax. Aspire: Describe the impact a business can have on society if they act ethically or unethically. Challenge: Give examples of ethical and unethical business decisions. An example of unethical behaviour – avoiding corporation tax. Watch this for more detail: http://www.bbc.co.uk/news/business-23961470 Keywords: evade, corrupt, unfair, fair trade, benefit, poverty, reputation and succeed.

How do business ethics affect revenue and profits? Aspire: Describe the impact a business can have on society if they act ethically or unethically. Challenge: Give examples of ethical and unethical business decisions. How do business ethics affect revenue and profits? Costs Ethics, reputation and the media Keywords: evade, corrupt, unfair, fair trade, benefit, poverty, reputation and succeed.

Does shaming the companies change their ways? Aspire: Describe the impact a business can have on society if they act ethically or unethically. Challenge: Give examples of ethical and unethical business decisions. Does shaming the companies change their ways? http://www.bbc.co.uk/news/magazine-20560359 Keywords: evade, corrupt, unfair, fair trade, benefit, poverty, reputation and succeed.

Steps for Making Ethical Decisions Aspire: Describe the impact a business can have on society if they act ethically or unethically. Challenge: Give examples of ethical and unethical business decisions. Steps for Making Ethical Decisions Identify the ethical issue or problem. List the facts that have the most bearing on the decision. Identify anyone who might be affected by your decision and how. Explain what each affected person would want you to do about the issue. List three alternative actions and identify the best and worst case scenario for each alternative, anyone who would be harmed by this choice (and how), any values that would be compromised by selecting this alternative, and any automatic reasons why this alternative should not be selected (legal issues, rules, etc.). Determine a course of action Keywords: evade, corrupt, unfair, fair trade, benefit, poverty, reputation and succeed.

Write an ethics statement for your business. Aspire: Describe the impact a business can have on society if they act ethically or unethically. Challenge: Give examples of ethical and unethical business decisions. Write an ethics statement for your business. Here is an example of a company that is aware of ethics and is behaving positively: https://www.primark.com/en/our-ethics/communities/financial-education Keywords: evade, corrupt, unfair, fair trade, benefit, poverty, reputation and succeed.