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Business - Ch 10
Consumer Resposibility
Term | Definition |
---|---|
Globalisation | How the countries of the world exchange products, services and ideas. |
Global business | A business that operates in many countries. |
Business ethics | Moral choices made by a business. |
CSR | How a business manages its impact on society and the environment. |
Fairtrade | A social movement that helps farmers in developing countries get a fair price for the crops they grow and makes sure that workers are treated with respect. |
Sustainable development | Meets the needs of the future without stopping future generations meeting their own needs. |
Carbon footprint | A measure of how the activities of an individual, organisation or country affect the environment. |
Impulse buying | Buying without consideration. |
Complaint | Complaining to a company about faults or infringed rights. |