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The Snowdonia Cheese Company only uses the finest local Welsh ingredients and takes social responsibility very seriously - Edexcel - GCSE Business - Question 6 - 2018 - Paper 1
Question 6
The Snowdonia Cheese Company only uses the finest local Welsh ingredients and takes social responsibility very seriously. Only local dairies that use ethical busines... show full transcript
Worked Solution & Example Answer:The Snowdonia Cheese Company only uses the finest local Welsh ingredients and takes social responsibility very seriously - Edexcel - GCSE Business - Question 6 - 2018 - Paper 1
Step 1
What is meant by the term social responsibility?
Answer
Social responsibility refers to the belief that a business should act ethically in order to benefit society at large. This can involve a commitment to ethical practices, such as caring for the environment, ensuring fair treatment of workers, and contributing positively to the community. Businesses that focus on social responsibility aim to conduct their operations in a way that enhances the welfare of society.
Step 2
Outline one disadvantage for the Snowdonia Cheese Company of only using the finest local Welsh ingredients.
Answer
One disadvantage of using only the finest local Welsh ingredients is that they may be more expensive than alternative ingredients sourced from other regions or countries. This could potentially increase production costs for the Snowdonia Cheese Company, which may impact pricing and profitability. Additionally, if the local ingredients were to lose popularity, it could hinder the company's market competitiveness.