Why do so few companies score well on Ethical Consumer’s rating scales?
What will be an ideal response?
The manifesto is quite broad and varied in its requirements, and goes beyond campaigning for the physical environment. The organisation also rates companies against issues such as worker exploitation, tax avoidance, farm welfare, and the differential between highest paid and lowest-paid workers in organisations. This makes it difficult and perhaps costly for organisations to be completely transparent with everything that they do.
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A company introduced the Funday film to compete with lower-priced brands, but it found many of its regular customers bought Funday instead of its usual, higher-priced film. The company experienced ________
A) an upward line stretch B) a product line contraction C) disintermediation D) cannibalization E) filling in
________ is the money available to a firm to cover the costs of marketing its products, operating the business, and profit.
A. Final discount B. Operating factor C. Price factor D. Net profit E. Gross profit
The aspect of business ethics that examines business institutions from a social rather than an individual perspective is referred to as:
A. corporate cultural responsibility. B. institutional morality. C. decision making for social responsibility. D. organizational ethical responsibility.
What strategies can you follow to become more of an ethical expert?
What will be an ideal response?