Business & Ethical Issues (Cambridge (CIE) IGCSE Business): Exam Questions

GreenTech Solutions is a multinational technology company that operates ethically across all its business activities. The company manufactures renewable energy equipment and has committed to fair trade practices, sustainable sourcing, and transparent supply chains. GreenTech Solutions recently announced plans to expand into developing countries, where it will maintain the same ethical standards despite potentially higher costs. The CEO stated: 'Our ethical approach is fundamental to our identity. We believe businesses have a responsibility to operate sustainably and treat all stakeholders fairly, even when this impacts our profit margins.'

CLP is a social enterprise that provides educational technology solutions to underserved communities worldwide. The company operates with a strong ethical foundation, ensuring all its products are accessible and affordable. CLP sources materials from certified fair-trade suppliers and maintains transparent pricing structures. The company recently decided to donate 10% of its annual profits to educational charities, despite facing increased competition from larger technology firms offering cheaper alternatives. The Managing Director commented: 'Ethics isn't just about doing the right thing – it creates genuine value for our business and the communities we serve.'