The document discusses environmental and ethical issues related to business. It defines various costs and benefits to private businesses, consumers, and society from business operations, including private costs and benefits, external costs and benefits, and social costs and benefits. It also addresses how businesses respond to environmental pressures through activities of pressure groups, consumer boycotts, and laws passed by governments to regulate businesses and impose financial penalties for pollution. Finally, it considers some ethical issues businesses may face around bribery, child labor, price fixing with competitors, and supplies that damage the environment.

1. Environmental
and Ethical
issues
Jazmín, Rocio, Victoria and
Faustina

2. What does environment and
social responsibility mean?

3. How business impact in the
environment

4.  Private Cost
 Private benefits
 External Cost
 External benefit
 Social Cost
 Social Benefit

7. Responding to environmental
pressures and opportunities
• Pressure group
• Consumed boycotts
 Their activity is likely to change businesses actions
when..

8. Laws passed by government:
 Examples of government making businesses
activities illegal
 Financial penalties, including pollution permits

9. Summary

10. Ethical Issues
 Should business ever…
 Take or offer bribes to government officials or people
working for other firms?
 Employ child workers, even though it might not be
illegal in some countries?
 Agree to “fix high prices” with competitors?
 Buy in supplies that have led to damage to the
environment?
Different Modal Codes