Podcast
Questions and Answers
What type of product does Gourmet Keso offer?
What type of product does Gourmet Keso offer?
What type of product does Kara and Beaus offer?
What type of product does Kara and Beaus offer?
Which of the following is NOT a GK social enterprise?
Which of the following is NOT a GK social enterprise?
What is the name of the author who wrote about Business Ethics and Social Responsibility?
What is the name of the author who wrote about Business Ethics and Social Responsibility?
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What is the name of the GK social enterprise that offers plush and play products?
What is the name of the GK social enterprise that offers plush and play products?
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What is the name of the GK social enterprise that offers artisan chocolate?
What is the name of the GK social enterprise that offers artisan chocolate?
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What is the purpose of establishing a business in the community?
What is the purpose of establishing a business in the community?
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Why is it important for businesses to think beyond profit?
Why is it important for businesses to think beyond profit?
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Do GK social enterprises help in poverty alleviation or reduction?
Do GK social enterprises help in poverty alleviation or reduction?
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Do GK social enterprises create financial freedom for their employees?
Do GK social enterprises create financial freedom for their employees?
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Study Notes
Sustainability in Business
- Growing consumer demands for sustainable products and services have led corporations to prioritize sustainability in their business practices.
- Environmental sustainability can be achieved through alternative production routes, reducing waste, and increasing energy and water efficiencies.
- Investment in renewable energy is increasing among big organizations, phasing out fossil fuels and reducing carbon emissions.
Sustainability and Employment
- Businesses with sustainable strategies benefit employees by providing a living wage and benefits, enhancing loyalty, productivity, and creativity.
- When organizations prioritize community well-being, employees are motivated to contribute to the business's success.
Socially Responsible Investment (SRI)
- SRI is an innovative approach to business, focusing on the overall well-being of disadvantaged populations while generating income.
- The SRI movement began in the 1970s, with shareholder resolutions filed against companies investing in South Africa under the apartheid regime.
Personal Finance Management
- Creating a budget and sticking to it is crucial for financial management.
- Paying credit cards in full each month avoids interest and fees.
- Automatic savings, retirement plans, and insurance benefits are essential for financial security.
- Investing early and watching credit reports are vital for long-term financial growth.
Business Ethics and Social Responsibility
- Sustainable business enterprises attract employees who value social responsibility.
- Establishing and sustaining business enterprises can alleviate poverty and create jobs.
- Socially responsible investment (SRI) gives disadvantaged populations a path to human development and economic prosperity.
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Description
Learn how businesses are incorporating sustainability into their core practices to minimize environmental impact and meet growing consumer demands. Understand the importance of environmental sustainability and its applications.
