Summary
Summary Business IGCSE Environmental and Ethical Issues
- Course
- Institution
- Book
Typed out summary in colour of section 6 of IGCSE business
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
Grade 11 marketing (chapter 11)
-
Business Studies IGCSE/O Level - Full course summary
-
all answers to exam style questions of business book igcse
Seller
Follow
isalydiafaria
Content preview
Business igcse (0450)Section 5 Environmental and ethical issues
How business activity can impact the environment
Business activities main aim is to satisfy customers’ demand for
goods and services – but it often has an impact on the
environment. The environment means our natural world.
how business activity impacts on the environment:
• Aircraft jet engine emissions damage the atmosphere.
• Pollution from factories reduces air quality.
• Waste can pollute rivers and seas.
• Transport of goods by ship and trucks burns fossil fuels such
as oil - carbon emissions
Difference between private costs and benefits and external
costs and benefits
Example of a case study to explain
• A chemical company has chosen a site to open its new
factory which they believe it will be profitable. In the
decision the owners only considered costs and benefits to
the business itself which is known as private costs and
benefits.
Private costs Private benefits
Cost of land Money made from the sale of
chemicals
Cost of construction
Costs of running the plant
Transport costs
These are all costs relating to the Benefits relating to the business
business
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller isalydiafaria. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $4.13. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
49160 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now