International Edexcel Business A Level: Multinational Companies and Ethics in Business Quiz

Play an AI-generated podcast conversation about this lesson

What was the key finding of the documentary about Shein's factories?

Shein's factories were operating at full capacity to meet high consumer demand.
Shein was implementing sustainability initiatives to reduce its carbon footprint.
Employees were paid low wages and worked long hours with limited time off. (correct)
Shein was processing all customer returns in an environmentally responsible manner.

What percentage of global consumers now look for more sustainable and ethical options?

90% (correct)
50%
100%
75%

What did the text say about Shein's customer returns?

The text did not provide any information about Shein's customer returns.
Shein was implementing initiatives to reduce customer returns.
Shein was sending most customer returns to landfill as it was cheaper. (correct)
Shein was properly processing all customer returns.

How did consumers respond to the documentary about Shein's ethical practices?

Consumers continued to shop with Shein, prioritizing low prices over ethical concerns. (D) Signup and view all the answers

What is the main message conveyed in the text about the balance between low prices and ethical practices in the fashion industry?

Consumers are torn between the desire for low prices and the demand for more ethical fashion options. (C) Signup and view all the answers

What is the main reason the text suggests Shein's factories have poor working conditions?

Shein is prioritizing low prices over ethical practices to maintain its competitive advantage. (C) Signup and view all the answers

What is the main reason the text suggests consumers continue to shop with Shein despite the ethical concerns?

Consumers are more concerned about finding the lowest prices than supporting ethical fashion brands. (A) Signup and view all the answers

What is the key sustainability initiative mentioned in the text that other major fashion retailers are implementing?

Implementing ways to reduce their carbon footprint. (B) Signup and view all the answers

What does the text suggest about the future of ethical practices in the fashion industry?

The fashion industry as a whole will struggle to find a balance between low prices and ethical practices that satisfies consumers. (D) Signup and view all the answers

Define the term 'multinational company' and explain how Shein, as a Chinese company, can be considered a multinational company.

A multinational company (MNC) is a corporation that has its facilities and other assets in at least one country other than its home country. Shein, as a Chinese company, can be considered a multinational company because it operates factories and has a global customer base outside of China, making it a company with international reach and operations. Signup and view all the answers

Explain the ethical concerns surrounding Shein's factories, as mentioned in the text, and how these issues relate to the concept of corporate social responsibility.

The text mentions that Shein's factories have been accused of poor wages and working conditions, with employees working 18-hour shifts for seven days a week and only being allowed one day off per month. Employees also had to pay heavy fines for mistakes in production. These issues relate to the concept of corporate social responsibility, which requires companies to consider the social and environmental impacts of their operations and to treat their workers fairly and ethically. Signup and view all the answers

Discuss the potential conflict between Shein's low prices and its ethical practices, and how this dilemma is reflected in consumer behavior.

The text suggests that there is a potential conflict between Shein's low prices and its ethical practices. While 90% of global consumers now look for more sustainable and ethical options, and 75% of UK adults said they changed their purchasing habits to be more sustainable, the text also notes that Shein reported its busiest day for the website shortly after the documentary about its ethical practices was shown. This suggests that many consumers may prioritize low prices over ethical considerations when making purchasing decisions. Signup and view all the answers

Explain how Shein's treatment of customer returns, as described in the text, relates to the concept of sustainability and environmental responsibility.

The text states that Shein is accused of sending most customer returns to landfill, as it is cheaper than properly processing them. This practice is problematic from a sustainability and environmental responsibility perspective, as it contributes to waste and the depletion of natural resources. Proper processing and recycling of returns would be a more environmentally responsible approach. Signup and view all the answers

Explain the potential long-term implications of Shein's ethical practices, or lack thereof, on the company's reputation and consumer trust.

The text suggests that Shein's ethical practices, or lack thereof, could have significant long-term implications for the company's reputation and consumer trust. While Shein reported a busy day on its website shortly after the documentary about its ethical practices was released, the growing consumer demand for more sustainable and ethical options in the fashion industry could eventually erode Shein's customer base if the company does not address the concerns raised about its factories and operations. Signup and view all the answers

International Edexcel Business A Level: Multinational Companies and Ethics in Business Quiz

Choose a study mode

Podcast

Questions and Answers