1. Demonstrate an understanding of the different perspectives on ethics and its relevance to business
1.1 Explain the background and development of ethical approaches
1.2 Compare and contrast absolute and relative ethics
1.3 Explain the ethical issues which can affect the operational activities of a business
1.4 Evaluate the implications for a business and its stakeholders to operate ethically.
2. Interpret the importance of the roles of directors, investors and other stakeholders in ensuring transparency and credibility in company reporting practices.
2.1 Assess the potential conflicts which may arise between the needs and expectations of different stakeholders
2.2 Analyse the impact of CSR on the supply chain.
2.3 report on how the business could improve the ethics of their operations whilst meeting objectives and ensuring good employer/employee relationships.
3. Understand the issues which inform company reporting and their impact on society
3.1 explain how business objectives are affected by ethical considerations
3.2 Describe the regulatory framework for CSR.
4. Evaluate ethical dimensions of businesses and the impact of CSR strategies on businesses
4.1 research a current ethical issue affecting a selected business
4.2 Assess the potential impact of changes in CSR on business performance
4.3 Recommend changes to CSR policy to benefit different stakeholders