Exam 10: Sustainable Business

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From a business perspective, strategic planning is about making better _________________ decisions for long term prosperity and sustainability.

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investment

There are no legal obligations regarding sustainability reporting in Australia.

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False

Decisions which are based on capital costs alone may not include resource-efficiency improvements or reductions in business risk that may provide a more stable return.

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_________________ _______________ refers to the idea that development to meet the needs of the present should not compromise the ability of future generations to meet their needs.

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The Global Reporting Initiative is continually being updated and improved through a process of consensus.

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The minimum return required by investors is known as:

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____________________ performance addresses interactions between business and the community.

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The payback period is:

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_____________ ____________ ________________ highlights problems that have arisen, or are perceived to have arisen, from the commercial activities of businesses.

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When related to a product, life cycle analysis is sometimes referred to as:

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What is the time value of money? How is the time value of money applied in net present value (NPV) method of project appraisal?

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The material cost flow accounting (MCFA) system allows a business to:

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There are increasing expectations among stakeholders for businesses to be 'green'.

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Since capital expenditure decisions involve cash payments and cash receipts occurring at different times, often over several years, a manager must consider the time value of money in sustainability-related decisions.

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To be _____________ a business has to be profitable or, in the case of not-for-profit organisations, financially self-sustaining.

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The recycling rate can be calculated as the quantity of recycled waste in tonnes _____________ by the quantity of total waste in tonnes.

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Which of the following would NOT be considered to be part of a business' environmental performance?

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Briefly describe intergenerational equity?

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Social performance addresses interactions between business and the community, including issues such as human resource management, workplace health and safety, community involvement initiatives and customer and stakeholder satisfaction.

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The __________ __________ ________ takes into account the economic, environmental and social value added and destroyed as a result of business activities.

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