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Unit 37 Understanding Business Ethics P2

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P2 - explain the implications for the business and stakeholders of a business operating ethically

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STAKEHOLDERS CONTINUED… Understanding
Which increases Lush’s market share. Ultimately, this will
increase the business’ profits and therefore the investors profit.
Business Ethics:
Consumers Lush
Consumers have an interest in the business operations of Lush
due to the fact that the materials used in products go on
consumer’s skin. Therefore, consumers will want to know they
are putting the best ingredients on their skin which hasn’t been
genetically modified or produced using unethical or methods
while also being environmentally friendly. Lush operating
ethically affects consumers because they will want to know that
the business’ they shop are ethical business’. This means
employees are treated fairly as well as producers’ in Developing
countries, additionally the suppliers used by Lush business’
ethics align with that of
Lush.

Connected book
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Catherine Richards, Rob Dransfield BTEC Level 3 National Business Student Book 2
Publisher: mei 2010 ISBN: 9781846906343 Edition: 3

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