A | B |
Environmentally friendly | these are products that are designed so that they avoid environmental damage either in their production or when they are thrown away. |
Ethical code . | sets out everything that a person or a business believes is important for responsible behaviour |
Externalities- negative | are damaging effects of business activity, e.g. a firm may pollute a river. |
Externalities- positive | are the beneficial effects of business activity for which no charge is made. |
Non renewable resources . | are natural resources which are limited in supply. Once they have be used up they cannot be replaced |
Pressure groups | are organisations that aim to change the beliefs, values or decisions of other organisations. |
Recycling | means reusing waste materials in production so that fewer resources are needed to maintain output |
Stakeholders | are people who have an interest in the success of a business- managers, shareholders, suppliers, workers, community, government. |
Sustainable growth | is an increase in incomes that does not cause environmental problems for future generations. |