IGCSE/GCSE/O & A Level/IB/University Student Forum
Qualification => Subject Doubts => GCE AS & A2 Level => Commerce => Topic started by: RAMLA on November 09, 2011, 07:05:40 am
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pls everyone HELP IN this 20mark question m/j 2010
discuss how the activity of business might be constrained by ethical issues?
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it means how business activity (production) can be limited/ controlled by ethical issues (moral issues)?
for example,
if a toy company wants to sell a new brand of toy, do you think its ethical (moral) to advertise the toy when parents can barely afford them?
it could decrease the sales of the business if the manager decided it wasnt a 'nice thing to do' to advertise. same goes in industries, if manager decides to improve the working conditions even if he is not needed to do so by law. he is acting ethically and this can increase costs of the business and reduce chances of (constraint) business activity!
i hope that makes sense...you just have to explain it in ur answer, looking at both good and bad sides of the arguement, give an example and provide final conclusion
:D
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In 2008 ASDA announced plans to build 1 billion pounds worth online business. It now sells foods, fashion and furniture online through its direct catalogue. Which of the following marketing mix refers to the decision?
a) promotion b)price c) place d) product
according to my teacher 'place' is the answer. Is this the correct answer ? Can someone explain me why?