Business GCSE
Ethical decision-making and stakeholder impact
What Ethical decision-making and stakeholder impact means in Business GCSE, as defined for AQA.
Definition of Ethical decision-making and stakeholder impact
Check what you remember
Read the wording for your board, then hide it and explain Ethical decision-making and stakeholder impact in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Deciding how to allocate scarce resources responsibly, taking account of stakeholder expectations alongside profit and sustainability.
Topics that use Ethical decision-making and stakeholder impact
- Ethical and environmental considerations (AQA GCSE)
Related terms
- Business benefits
- Business costs
- Business ethics and reputation
- Business response
- Cost and revenue consequences
- Cost control
- Cost versus long-term benefit
- Cost versus long-term saving
Using Ethical decision-making and stakeholder impact in the exam
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