Exam 8: Ethics and the Environment

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In a short essay, explain the concept of the Tragedy of the Commons.

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In a short essay, list at least seven of the 13 areas in which environmentally proactive firms should address environmental issues.

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The roots of the tragedy of the commons concepts go back to ____________, who stated that what is common to most people will receive the least amount of care.

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The underlying belief of the _______________ is that free access with unrestricted use of any resource that is finite will ultimately ruin the resource through overexploitation.

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Environmental justice can be defined as the systematic equal allocation of environmental benefits and burdens.

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Firms with an ecobranding strategic focus do not aim to generate a higher profit margin for its products and services.

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There are three levels of scope both for the organizational and product carbon footprint. Which of the actions below is not one of them?

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In a short essay outline how a can transform itself through adopting Sustainable Strategies

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Regulatory risk is based on the assumption that as climate change continues to impact the world, the vulnerability of suppliers and the raw materials needed for manufacturing will decrease.

(True/False)
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In the __________________ strategic focus, the firm makes a conscious effort to acknowledge the demands of its stakeholders and is able to provide "proof" to their stakeholders pertaining to their commitment to the natural environment.

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The _______________ was created in December 1997 with the aim of having every industrialized nation in the world voluntarily reduce the level of greenhouse gas (GHG) emissions into the atmosphere by 5.2 percent as compared with 1990 GHG emissions levels.

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The assumption that as climate change continues to impact the world, the vulnerability of suppliers and the raw materials needed for manufacturing will decrease is called _____________.

(Multiple Choice)
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To view sustainability from a global perspective, it must be recognized that countries in different stages of development regard sustainability with different priorities.

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