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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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