Question 1

Which of the following is true of the Brundtland Commission?

Accepted Answer

A) It was named as the Brundtland Commission after the place in Norway, where the summit was conducted for the first time. 
B) It was charged with developing recommendations for paths toward economic and social development at the expense of underdeveloped and developing countries. 
C) It defined sustainable development as development that meets the needs of the present without compromising the ability of future generations to meet their own needs. 
D) It criticized the report from the United Nations' World Commission on Environment and Development published in 1987. 
A) It was named as the Brundtland Commission after the place in Norway, where the summit was conducted for the first time. 
B) It was charged with developing recommendations for paths toward economic and social development at the expense of underdeveloped and developing countries. 
C) It defined sustainable development as development that meets the needs of the present without compromising the ability of future generations to meet their own needs. 
D) It criticized the report from the United Nations' World Commission on Environment and Development published in 1987.

Question 2

"Closed-loop" production seeks to integrate what is presently waste, back into production. In an ideal situation, the waste of one firm becomes the resource of another, and such synergies can create eco-industrial parks. This principle is often referred to as:

Accepted Answer

A) biomimicry. 
B) eco-efficiency. 
C) biosynergy. 
D) backcast. 
A) biomimicry. 
B) eco-efficiency. 
C) biosynergy. 
D) backcast.

Question 3

Explain how business understands the opportunities available in the age of sustainability.

Accepted Answer

The environmental research and consultin

Question 4

The model of economy, in consistency with the second law of thermodynamics, implies that:

Accepted Answer

A) the amount of re-usable products decreases with an increase in production. 
B) the economy exists beyond a finite biosphere. 
C) wastes are not produced at each stage of economic activity. 
D) the amount of usable energy decreases over time. 
A) the amount of re-usable products decreases with an increase in production. 
B) the economy exists beyond a finite biosphere. 
C) wastes are not produced at each stage of economic activity. 
D) the amount of usable energy decreases over time.

Question 5

Estimates suggest that with present technologies, businesses can readily achieve at least a fourfold increase in efficiency, and perhaps as much as a tenfold increase. This can be achieved through the first principle of sustainability known as:

Accepted Answer

A) biomimicry. 
B) eco-efficiency. 
C) the cradle-to-cradle responsibility. 
D) the take-make-waste model. 
A) biomimicry. 
B) eco-efficiency. 
C) the cradle-to-cradle responsibility. 
D) the take-make-waste model.

Question 6

Explain with an example, how eco-efficiency can be implemented on an individual and a business scale.

Accepted Answer

"Doing more with less" has been an envir

Question 7

According to economist Herman Daly, neoclassical economics, with its emphasis on economic growth as the goal of economic policy will inevitably fail to meet these challenges:

Accepted Answer

A) if it suggests that the population of the world needs to be controlled. 
B) unless it recognizes that the economy is but a subsystem within earth's biosphere. 
C) unless it recognizes that resources are infinite. 
D) if it focuses on recycling and reusing the by-products of the production process. 
A) if it suggests that the population of the world needs to be controlled. 
B) unless it recognizes that the economy is but a subsystem within earth's biosphere. 
C) unless it recognizes that resources are infinite. 
D) if it focuses on recycling and reusing the by-products of the production process.

Question 8

Which of the following is true about the regulatory approach to environmental challenges?

Accepted Answer

A) It overestimates the influence that business can have on establishing the law. 
B) The government established regulatory standards to offer compensation after the occurrence of pollution or any other environmental harm. 
C) It shifted the burden from those threatened with harm to those who would cause the harm. 
D) This approach ensures that business does not pursue any financial opportunities that cause harm to the environment. 
A) It overestimates the influence that business can have on establishing the law. 
B) The government established regulatory standards to offer compensation after the occurrence of pollution or any other environmental harm. 
C) It shifted the burden from those threatened with harm to those who would cause the harm. 
D) This approach ensures that business does not pursue any financial opportunities that cause harm to the environment.

Question 9

A _____ approach to resolving environmental challenges suggests that environmental problems are economic problems that deserve economic solutions.

Accepted Answer

market-based
Explanation: Defe

Question 10

Which of the following holds that a business is responsible for the entire life of its products, including the ultimate disposal even after the sale?

Accepted Answer

A) The cradle-to-grave model 
B) The take-make-waste approach 
C) The cradle-to-cradle model 
D) The eco-efficiency principle 
A) The cradle-to-grave model 
B) The take-make-waste approach 
C) The cradle-to-cradle model 
D) The eco-efficiency principle

Question 11

The "circular flow model" differentiates natural resources from the other factors of production.

Accepted Answer

A) True 
 B)False

Question 12

The concept of sustainable development can be traced to a 1987 report from the United Nations' World Commission on Environment and Development (WCED), more commonly known as the _____ Commission.

Accepted Answer

Brundtland
Explanation: The concept of s

Question 13

Which of the following is true of the circular flow model?

Accepted Answer

A) It differentiates natural resources from the other factors of production. 
B) It suggests that to keep up with the economy, the population must grow. 
C) It treats economic growth as both the solution to all social ills and also as boundless. 
D) It argues that the economy cannot grow indefinitely. 
A) It differentiates natural resources from the other factors of production. 
B) It suggests that to keep up with the economy, the population must grow. 
C) It treats economic growth as both the solution to all social ills and also as boundless. 
D) It argues that the economy cannot grow indefinitely.

Question 14

The conservation movement:

Accepted Answer

A) regarded natural resources as being able to provide an inexhaustible supply of material. 
B) advocated that the natural world should not be used as a capital resource. 
C) argued that the natural world was valued as a resource, providing humans with both direct benefits and indirect benefits. 
D) believed that business does not good reasons for conserving natural resources. 
A) regarded natural resources as being able to provide an inexhaustible supply of material. 
B) advocated that the natural world should not be used as a capital resource. 
C) argued that the natural world was valued as a resource, providing humans with both direct benefits and indirect benefits. 
D) believed that business does not good reasons for conserving natural resources.

Question 15

Reminiscent of the _____ tradition, it is suggested that some animals have the cognitive capacity to possess a conscious life of their own and people have a duty not to treat these animals as mere objects and means to their own ends.

Accepted Answer

A) Kantian 
B) virtue ethic 
C) neoclassical 
D) social web 
A) Kantian 
B) virtue ethic 
C) neoclassical 
D) social web

Question 16

Discuss the challenges associated with the efficient market approach to environmental responsibilities.

Accepted Answer

A variety of market failures involving e

Question 17

Which of the following suggests that a business takes resources, makes products out of them, and discards whatever is left over?

Accepted Answer

A) The cradle-to-grave model 
B) The take-make-waste approach 
C) The Cradle-to-cradle model 
D) The eco-efficiency principle 
A) The cradle-to-grave model 
B) The take-make-waste approach 
C) The Cradle-to-cradle model 
D) The eco-efficiency principle

Question 18

The ultimate goal of biomimicry is to eliminate waste altogether rather than reducing it.

Accepted Answer

A) True 
 B)False

Question 19

Describe Herman Daly's concepts of sustainable development and the "circular flow model."

Accepted Answer

Economist Herman Daly has been among the

Question 20

Knowing what the future must be, creative businesses then look backwards to the present and determine what must be done to arrive at that future. This process is known as:

Accepted Answer

A) backward integration. 
B) forecasting. 
C) forward integration. 
D) backcasting. 
A) backward integration. 
B) forecasting. 
C) forward integration. 
D) backcasting.

Which of the following is true of the Brundtland Commission?

"Closed-loop" production seeks to integrate what is presently waste, back into production. In an ideal situation, the waste of one firm becomes the resource of another, and such synergies can create eco-industrial parks. This principle is often referred to as:

Explain how business understands the opportunities available in the age of sustainability.

The model of economy, in consistency with the second law of thermodynamics, implies that:

Estimates suggest that with present technologies, businesses can readily achieve at least a fourfold increase in efficiency, and perhaps as much as a tenfold increase. This can be achieved through the first principle of sustainability known as:

Explain with an example, how eco-efficiency can be implemented on an individual and a business scale.

According to economist Herman Daly, neoclassical economics, with its emphasis on economic growth as the goal of economic policy will inevitably fail to meet these challenges:

Which of the following is true about the regulatory approach to environmental challenges?

A _____ approach to resolving environmental challenges suggests that environmental problems are economic problems that deserve economic solutions.

Which of the following holds that a business is responsible for the entire life of its products, including the ultimate disposal even after the sale?

The "circular flow model" differentiates natural resources from the other factors of production.

The concept of sustainable development can be traced to a 1987 report from the United Nations' World Commission on Environment and Development (WCED), more commonly known as the _____ Commission.

Which of the following is true of the circular flow model?

The conservation movement:

Reminiscent of the _____ tradition, it is suggested that some animals have the cognitive capacity to possess a conscious life of their own and people have a duty not to treat these animals as mere objects and means to their own ends.

Discuss the challenges associated with the efficient market approach to environmental responsibilities.

Which of the following suggests that a business takes resources, makes products out of them, and discards whatever is left over?

The ultimate goal of biomimicry is to eliminate waste altogether rather than reducing it.

Describe Herman Daly's concepts of sustainable development and the "circular flow model."

Knowing what the future must be, creative businesses then look backwards to the present and determine what must be done to arrive at that future. This process is known as:

Ethics and Business

Ethical Decision Making: Personal and Professional Contexts

Philosophical Ethics and Business

The Corporate Culture-Impact and Implications

Corporate Social Responsibility

Ethical Decision Making: Employer Responsibilities and Employee Rights

Ethical Decision Making: Technology and Privacy in the Workplace

Ethics and Marketing

Ethical Decision Making: Corporate Governance, Accounting, and Finance

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Exam 9: Business and Environmental Sustainability

Which of the following is true of the Brundtland Commission?

"Closed-loop" production seeks to integrate what is presently waste, back into production. In an ideal situation, the waste of one firm becomes the resource of another, and such synergies can create eco-industrial parks. This principle is often referred to as:

Explain how business understands the opportunities available in the age of sustainability.

The model of economy, in consistency with the second law of thermodynamics, implies that:

Estimates suggest that with present technologies, businesses can readily achieve at least a fourfold increase in efficiency, and perhaps as much as a tenfold increase. This can be achieved through the first principle of sustainability known as:

Explain with an example, how eco-efficiency can be implemented on an individual and a business scale.

According to economist Herman Daly, neoclassical economics, with its emphasis on economic growth as the goal of economic policy will inevitably fail to meet these challenges:

Which of the following is true about the regulatory approach to environmental challenges?

A _____ approach to resolving environmental challenges suggests that environmental problems are economic problems that deserve economic solutions.

Which of the following holds that a business is responsible for the entire life of its products, including the ultimate disposal even after the sale?

The "circular flow model" differentiates natural resources from the other factors of production.

The concept of sustainable development can be traced to a 1987 report from the United Nations' World Commission on Environment and Development (WCED), more commonly known as the _____ Commission.

Which of the following is true of the circular flow model?

The conservation movement:

Reminiscent of the _____ tradition, it is suggested that some animals have the cognitive capacity to possess a conscious life of their own and people have a duty not to treat these animals as mere objects and means to their own ends.

Discuss the challenges associated with the efficient market approach to environmental responsibilities.

Which of the following suggests that a business takes resources, makes products out of them, and discards whatever is left over?

The ultimate goal of biomimicry is to eliminate waste altogether rather than reducing it.

Describe Herman Daly's concepts of sustainable development and the "circular flow model."

Knowing what the future must be, creative businesses then look backwards to the present and determine what must be done to arrive at that future. This process is known as:

Ethics and Business

Ethical Decision Making: Personal and Professional Contexts

Philosophical Ethics and Business

The Corporate Culture-Impact and Implications

Corporate Social Responsibility

Ethical Decision Making: Employer Responsibilities and Employee Rights

Ethical Decision Making: Technology and Privacy in the Workplace

Ethics and Marketing

Ethical Decision Making: Corporate Governance, Accounting, and Finance

Filters