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Life SkillsEntrepreneurshipAges 9–11

Ethics in Business

Being honest, being fair, treating workers well, not harming the environment; what makes a 'good' business; whether businesses should care about more than profit

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If your child heard about a company paying its workers very little to make bigger profits, could they explain why that's unfair and suggest a better approach?

Being honest, being fair, treating workers well, not harming the environment; what makes a 'good' business; whether businesses should care about more than profit

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Ethics in BusinessConceptual concept

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Check understanding

  • Name at least two things that make a business ethical (fair wages, honest advertising, environmentally responsible)
  • Explain why a business that only cares about profit might cause problems
  • Describe a situation where a business owner faces an ethical choice and suggest what they should do
“If your child heard about a company paying its workers very little to make bigger profits, could they explain why that's unfair and suggest a better approach?”

Curriculum record

Type
Conceptual
Subject
Life Skills
Domain
Entrepreneurship
Age range
Ages 9–11