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Ethics and Sustainability in Business: Principles and Practices

This lesson focuses on the importance of ethics and sustainability in business operations. Students will define key terms and explore how businesses can operate ethically, discussing the potential positive and negative impacts of these practices. The lesson also highlights the significance of sustainability, offering examples such as investing in energy-saving equipment to conserve resources. By the end of the lesson, students will evaluate the consequences of unethical practices and learn ways to achieve sustainability in their business models, preparing them to answer related exam questions.

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Ethics and Sustainability in Business: Principles and Practices

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  1. Do Now!

  2. 2.1.9 Business within society – ethics and sustainability Lesson Objectives Define Key Terms Explain the ways in which businesses can be seen to be operating in an ethical manner Evaluate the consequences to businesses of not operating in an ethical manner Explain ways in which a business may act in order to achieve sustainability Answer exam questions on the topic

  3. Ethics: A written and unwritten code of principles and moral values. Where the business operates in a morally correct wayby doing the “right” thing Ethical Behaviour examples

  4. Consequences of Operating in an Ethical Way NEGATIVE IMPACT: POSITIVE IMPACT:

  5. Sustainability An example of sustainability is investing in energy saving equipment to ensure that the resources to produce electricity are not used up. What is the definition?

  6. Ways a business can operate in a sustainable manner

  7. Plenary Lesson Objectives Define Key Terms Explain the ways in which businesses can be seen to be operating in an ethical manner Evaluate the consequences to businesses of not operating in an ethical manner Explain ways in which a business may act in order to achieve sustainability Answer exam questions on the topic

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