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Business - Ch 10
Consumer Resposibility
| Term | Definition |
|---|---|
| Globalisation | How the countries of the world exchange products, services and ideas. |
| Global business | A business that operates in many countries. |
| Business ethics | Moral choices made by a business. |
| CSR | How a business manages its impact on society and the environment. |
| Fairtrade | A social movement that helps farmers in developing countries get a fair price for the crops they grow and makes sure that workers are treated with respect. |
| Sustainable development | Meets the needs of the future without stopping future generations meeting their own needs. |
| Carbon footprint | A measure of how the activities of an individual, organisation or country affect the environment. |
| Impulse buying | Buying without consideration. |
| Complaint | Complaining to a company about faults or infringed rights. |