Question 1

Why is it that privately held companies can often take bigger risks than those that are publicly traded?

Accepted Answer

These types of businesses are able to take more risks and make decisions on the basis of longer-term goals because they may not feel as much pressure to produce short-term gains in stock value as publicly traded businesses do.

Question 2

What is one example of a nonprofit organization described in Chapter 19? How does its values and goals differ from similar for-profit organizations?

Accepted Answer

Answers will vary, but Section 19.2 and Figure 19.8 discuss several areas. Students could discuss their college or university. The values differ in that generating profits for shareholders are not the central focus. Goals are focused on sustainable revenue rather than maximizing revenues, as is the case with for-profit companies.

Question 3

Susan has just been hired at an advertising firm. When she begins her orientation, a coworker discusses the patterns of behavior that are expected from her in regard to sustainability. The details of the company's recycling program are described; as an employee, Susan is expected to follow all the recycling rules and guidelines. This describes the

Accepted Answer

A)  organizational culture. 
B)  organizational structure. 
C)  mission statement. 
D)  strategy. 
A)  organizational culture. 
B)  organizational structure. 
C)  mission statement. 
D)  strategy. A

Question 4

Susan has just been hired at an advertising firm. When she begins her orientation, a coworker discusses a new department that has been created to oversee the company's sustainability efforts. Susan will need to report her rate of recycling to this department. This describes the

Accepted Answer

A)  organizational culture. 
B)  organizational structure. 
C)  mission statement. 
D)  strategy. 
A)  organizational culture. 
B)  organizational structure. 
C)  mission statement. 
D)  strategy.

Question 5

Corporate social responsibility has been emphasized for which type of organizations?

Accepted Answer

A)  nonprofit organizations 
B)  benefit corporations 
C)  privately held for-profit organizations 
D)  publicly traded for-profit organizations 
A)  nonprofit organizations 
B)  benefit corporations 
C)  privately held for-profit organizations 
D)  publicly traded for-profit organizations

Question 6

In 1999, three investors start a local coffee shop. By 2004, the original shop has expanded to six locations but is still owned by the three original investors. In 2011, the chain has now expanded to 640 locations in eight states, the original investors decide they will take the company public, and it is traded on the NASDAQ stock exchange. How would this company be defined in 2004?

Accepted Answer

A)  privately (or closely) held 
B)  publicly traded 
C)  a benefit corporation 
D)  funded by venture capital 
A)  privately (or closely) held 
B)  publicly traded 
C)  a benefit corporation 
D)  funded by venture capital

Question 7

Which of the following is true in regard to a benefit corporation?

Accepted Answer

A)  It has a shift from a focus solely on shareholder profit. 
B)  It is a legal status for business organization. 
C)  It is allowed to pursue more environmentally driven objectives. 
D)  All of these are correct. 
A)  It has a shift from a focus solely on shareholder profit. 
B)  It is a legal status for business organization. 
C)  It is allowed to pursue more environmentally driven objectives. 
D)  All of these are correct.

Question 8

Why do companies often use influencers to promote products?

Accepted Answer

A)  They are wealthy. 
B)  They purchase many items. 
C)  They are often held in high regard within their communities. 
D)  All of these are correct. 
A)  They are wealthy. 
B)  They purchase many items. 
C)  They are often held in high regard within their communities. 
D)  All of these are correct.

Question 9

Which term below best describes this statement from the public broadcasting system, "To create content that educates, informs, and inspires"?

Accepted Answer

A)  organizational culture 
B)  mission statement 
C)  corporate strategy 
D)  strategy 
A)  organizational culture 
B)  mission statement 
C)  corporate strategy 
D)  strategy

Question 10

Sustainability strategies are best integrated into an organization when they complement

Accepted Answer

A)  shareholder wishes. 
B)  the owner's vision. 
C)  long-term organizational goals. 
D)  existing strategies. 
A)  shareholder wishes. 
B)  the owner's vision. 
C)  long-term organizational goals. 
D)  existing strategies.

Question 11

The difference between an organization's mission statement and its strategy is in

Accepted Answer

A)  the organization's goals. 
B)  the details included in the plans. 
C)  the focus on sustainability. 
D) how resources are allocated 
A)  the organization's goals. 
B)  the details included in the plans. 
C)  the focus on sustainability. 
D) how resources are allocated

Question 12

Why is it more impactful for a large multinational corporation to set sustainability goals than a smaller company?

Accepted Answer

A)  It can influence a larger supply chain. 
B)  It has more influence on other businesses. 
C)  It has larger social networks. 
D)  All of these are correct. 
A)  It can influence a larger supply chain. 
B)  It has more influence on other businesses. 
C)  It has larger social networks. 
D)  All of these are correct.

Question 13

Inventors funded by Greenpeace developed Greenfreeze refrigerators. How did producing this product help Greenpeace meet its organizational goals?

Accepted Answer

A)  These refrigerators used a new type of coolant that would not deplete the ozone. 
B)  These allowed for higher profits for the organization. 
C)  The refrigerators were a method of boycott. 
D)  They sold the patented technology to increase revenues. 
A)  These refrigerators used a new type of coolant that would not deplete the ozone. 
B)  These allowed for higher profits for the organization. 
C)  The refrigerators were a method of boycott. 
D)  They sold the patented technology to increase revenues.

Question 14

Interface carpet and many other companies have found the changes made to increase sustainability can have what additional impacts?

Accepted Answer

A)  These changes have reduced costs. 
B)  These changes have increased profits. 
C)  These changes provide a way to differentiate their products from others. 
D)  All of these are correct. 
A)  These changes have reduced costs. 
B)  These changes have increased profits. 
C)  These changes provide a way to differentiate their products from others. 
D)  All of these are correct.

Question 15

If a company becomes certified as a B Corp organization, which of the following is true?

Accepted Answer

A)  The company is one of the 100 most profitable in the United States. 
B)  The company is focused on social and environmental goals. 
C)  The company has provided the most benefit for its shareholders. 
D)  The company has been registered as nonprofit. 
A)  The company is one of the 100 most profitable in the United States. 
B)  The company is focused on social and environmental goals. 
C)  The company has provided the most benefit for its shareholders. 
D)  The company has been registered as nonprofit.

Question 16

Which of the following is a similarity comparing privately held and publicly traded companies?

Accepted Answer

A)  Both have shareholders. 
B)  Both have managers and employees. 
C)  Both are controlled by a small number of individuals. 
D)  All of these are correct. 
A)  Both have shareholders. 
B)  Both have managers and employees. 
C)  Both are controlled by a small number of individuals. 
D)  All of these are correct.

Question 17

An infectious disease can be spread to many people in a community, even to people that do not interact directly. The routes these diseases use to spread are defined as

Accepted Answer

A)  an organization. 
B)  social context. 
C)  social groups. 
D)  social networks. 
A)  an organization. 
B)  social context. 
C)  social groups. 
D)  social networks.

Question 18

In 1999, three investors start a local coffee shop. By 2004, the original shop has expanded to six locations but is still owned by the three original investors. In 2011, the chain has now expanded to 640 locations in eight states, the original investors decide they will take the company public, and it is traded on the NASDAQ stock exchange. How would this company be defined in 2011?

Accepted Answer

A)  privately (or closely) held 
B)  publicly traded 
C)  a benefit corporation 
D)  funded by venture capital 
A)  privately (or closely) held 
B)  publicly traded 
C)  a benefit corporation 
D)  funded by venture capital

Question 19

The other people in your environmental science class would be considered part of a(n)

Accepted Answer

A)  social network. 
B)  social context. 
C)  organization. 
D)  All of these are correct. 
A)  social network. 
B)  social context. 
C)  organization. 
D)  All of these are correct.

Question 20

Information about a company can spread much faster today than in the past, particularly due to social media and the internet. What are some advantages and disadvantages of this? Be sure to include at least one advantage and one disadvantage.

Accepted Answer

Advantages could include information spr

Why is it that privately held companies can often take bigger risks than those that are publicly traded?

What is one example of a nonprofit organization described in Chapter 19? How does its values and goals differ from similar for-profit organizations?

Susan has just been hired at an advertising firm. When she begins her orientation, a coworker discusses a new department that has been created to oversee the company's sustainability efforts. Susan will need to report her rate of recycling to this department. This describes the

Corporate social responsibility has been emphasized for which type of organizations?

Which of the following is true in regard to a benefit corporation?

Why do companies often use influencers to promote products?

Which term below best describes this statement from the public broadcasting system, "To create content that educates, informs, and inspires"?

Sustainability strategies are best integrated into an organization when they complement

The difference between an organization's mission statement and its strategy is in

Why is it more impactful for a large multinational corporation to set sustainability goals than a smaller company?

Inventors funded by Greenpeace developed Greenfreeze refrigerators. How did producing this product help Greenpeace meet its organizational goals?

Interface carpet and many other companies have found the changes made to increase sustainability can have what additional impacts?

If a company becomes certified as a B Corp organization, which of the following is true?

Which of the following is a similarity comparing privately held and publicly traded companies?

An infectious disease can be spread to many people in a community, even to people that do not interact directly. The routes these diseases use to spread are defined as

The other people in your environmental science class would be considered part of a(n)

Information about a company can spread much faster today than in the past, particularly due to social media and the internet. What are some advantages and disadvantages of this? Be sure to include at least one advantage and one disadvantage.

Environmental Science and Sustainability: Whats the Big Idea

Ethics, Economics, and Policy: Who or What Do We Value

Matter and Energy: What Are the Building Blocks of Sustainability

Life: What Shapes Biodiversity

Conservation: Why Is It Important to Protect Biodiversity

Human Population: Can We Have Too Many People

Water: How Do We Use It and Affect Its Quality

Air: What Are We Breathing

Land: How Does It Shape Us

Systems and Cycles: Are We Changing Earths Life Support System

Climate: How Does Global Climate Change

Food: How Do We Feed Ourselves

Fossil Fuels: Energy of the Industrial Age

Energy Alternatives: How Are Our Energy Decisions Changing

Waste: What Happens to All the Stuff We Use

Urbanization: Why Are Cities Growing

Environmental Health and Justice: How Does Our Environment Affect Our Health

Decision Making: Why Do Our Choices Matter

Government: How Can Policy Influence Sustainability

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Exam 19: Groups and Organizations: How Do We Work Together for Sustainability

Why is it that privately held companies can often take bigger risks than those that are publicly traded?

What is one example of a nonprofit organization described in Chapter 19? How does its values and goals differ from similar for-profit organizations?

Susan has just been hired at an advertising firm. When she begins her orientation, a coworker discusses a new department that has been created to oversee the company's sustainability efforts. Susan will need to report her rate of recycling to this department. This describes the

Corporate social responsibility has been emphasized for which type of organizations?

Which of the following is true in regard to a benefit corporation?

Why do companies often use influencers to promote products?

Which term below best describes this statement from the public broadcasting system, "To create content that educates, informs, and inspires"?

Sustainability strategies are best integrated into an organization when they complement

The difference between an organization's mission statement and its strategy is in

Why is it more impactful for a large multinational corporation to set sustainability goals than a smaller company?

Inventors funded by Greenpeace developed Greenfreeze refrigerators. How did producing this product help Greenpeace meet its organizational goals?

Interface carpet and many other companies have found the changes made to increase sustainability can have what additional impacts?

If a company becomes certified as a B Corp organization, which of the following is true?

Which of the following is a similarity comparing privately held and publicly traded companies?

An infectious disease can be spread to many people in a community, even to people that do not interact directly. The routes these diseases use to spread are defined as

The other people in your environmental science class would be considered part of a(n)

Information about a company can spread much faster today than in the past, particularly due to social media and the internet. What are some advantages and disadvantages of this? Be sure to include at least one advantage and one disadvantage.

Environmental Science and Sustainability: Whats the Big Idea

Ethics, Economics, and Policy: Who or What Do We Value

Matter and Energy: What Are the Building Blocks of Sustainability

Life: What Shapes Biodiversity

Conservation: Why Is It Important to Protect Biodiversity

Human Population: Can We Have Too Many People

Water: How Do We Use It and Affect Its Quality

Air: What Are We Breathing

Land: How Does It Shape Us

Systems and Cycles: Are We Changing Earths Life Support System

Climate: How Does Global Climate Change

Food: How Do We Feed Ourselves

Fossil Fuels: Energy of the Industrial Age

Energy Alternatives: How Are Our Energy Decisions Changing

Waste: What Happens to All the Stuff We Use

Urbanization: Why Are Cities Growing

Environmental Health and Justice: How Does Our Environment Affect Our Health

Decision Making: Why Do Our Choices Matter

Government: How Can Policy Influence Sustainability

Filters