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CHAPTER FIVE: BUSINESS ETHICS — Form Three Business Studies Study Notes

Struggling to understand business ethics, CSR, and ethical dilemmas? This concise, exam-focused study guide gives you everything you need to answer Form Three Business Studies questions with confidence!

What’s inside:

Clear definitions of business ethics and why they matter for long-term business success

Real examples of ethical behaviour — fair decisions, health and safety standards, avoiding child and forced labour, protecting workers’ rights, and tax compliance

All 9 ethical principles explained in one line each (with the memorable H-I-F-R-A-C-T-A-R memory trick)

Corporate Social Responsibility (CSR) — what it is, why it matters (6 key points), and a real Tanzania example showing CSR in action

The 6 practical ways to improve ethical behaviour in a business, plus the 6 benefits of strong ethics in the workplace

Ethical dilemmas explained with key lessons and a full case study — Mr Juma’s expired food dilemma — with risks, alternatives, and ethical advice

Quick revision matching concepts table and exam-focused tips, including model answers for common scenario questions

Why choose these notes?

Deliberately kept concise and exam-focused — key facts in one or two lines each

Perfect for quick revision before exams

Covers everything you need to confidently answer business ethics and CSR questions

Written in simple, easy-to-understand language with practical, real-life examples

Don’t risk losing marks on business ethics questions — grab your copy today and walk into that exam hall with confidence!

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