Deck 11: Section 3: Is Sustainability Just a Buzzword

Question 1

Improving employee morale by improving benefits for workers means the company is contributing to ______ in the TBL approach.

A)social equity
B)environment
C)human resources management
D)human rights

Answer 1

A

Question 2

A benefit of the Triple Bottom Line approach is:

A)an increased amount of subjectivity
B)clear measurement standards
C)comparability
D)flexibility for a wide range of organizations

Answer 2

D

Question 3

A carbon footprint measures:

A)virtual water, chemicals and smoke into the air
B)the triple bottom line approach affects
C)greenhouse gas emissions
D)nonrenewable resources consumed by people only

Answer 3

C

Question 4

A good example of a sustainable resource is:

A)natural fossil fuels
B)recycled bamboo wood
C)coal
D)nuclear power

Question 5

Virtual water is water mainly used for:

A)drinking by people
B)drinking by animals
C)cleaning the streets
D)producing products for consumption

Question 6

One of the highest sources of greenhouse gas emissions is:

A)embodied water
B)residential natural gas
C)electricity used for residential and commercial uses
D)agricultural and miscellaneous activities

Question 7

Measuring a negative action or inaction and how it fits into the TBL approach is a limitation due to its:

A)subjectivity
B)lack of comparability
C)transparency
D)lack of understanding of its stakeholders

Question 8

The primary source of climate change is:

A)garbage and waste
B)lack of recycling, reusing and reducing
C)lack of knowledge
D)greenhouse gas emissions

Question 9

A country's economic and social well-being can often be measured by:

A)environmental performance index
B)living planet index
C)genuine progress index
D)social sustainable index

Question 10

A disadvantage of the Triple Bottom Line approach is:

A)not satisfying enough of stakeholders
B)a lack of transparency
C)a lack of flexibility
D)no measurement standards

Question 11

The Living Planet Index measures changes to the world's:

A)ecosystems
B)biological diversity
C)ecological footprint
D)greenhouse gas emissions

Question 12

A long-term approach in sustaining business can be measured by:

A)the gross domestic product
B)the TBL accounting framework
C)modern management practices
D)double-loop learning

Question 13

A sustainable resource is a/an:

A)natural fossil fuel
B)resource that can be replenished at the same rate as it is used
C)embodied water
D)resource that can be replenished at double the rate as it is used

Question 14

Sustainable development often refers to:

A)development that meets the needs of the present but not necessarily the needs of the future
B)natural resource development that is sustainable
C)development that meets the needs of individuals without comprising the needs of future generations
D)sustainable manufacturing and retailing only

Question 15

Reducing packaging and reducing energy consumption are:

A)expensive ventures but worthwhile in the short-term for businesses
B)examples of how businesses can implement sustainable practices
C)only options for large companies
D)difficult practices to achieve in the long-term

Question 16

Sustainability is a concern since:

A)North Americans, Europeans, Japanese and Australians consume 20% of the world's resources
B)North Americans, Europeans, Japanese and Australians consume 40% of the world's resources
C)North Americans, Europeans, Japanese and Australians consume 60% of the world's resources
D)North Americans, Europeans, Japanese and Australians consume 80% of the world's resources

Question 17

The triple bottom line framework focuses on the three broad categories:

A)financial statement information, human resources and volunteer work
B)economic, social equity and the environment
C)ethical, legal and philanthropic responsibilities
D)social equity, the environment and legal compliance

Question 18

A focus on increasing profits on harm-free products mainly relates to the _________ component of the TBL framework.

A)social equity
B)environment
C)economic
D)ethical

Question 19

The complex relationship between all living organisms and their environment is often referred to as:

A)an ecosystem
B)biological diversity
C)tropical LPI
D)living environment system

Question 20

The genuine progress indicator:

A)subtracts the cost of crime
B)uses strict standards
C)ignores contributions of the family
D)ignores population happiness

Question 21

Zero-waste-to-landfill is a sustainable goal often achieved by:

A)sustainable manufacturing practices
B)sustainable distribution
C)sustainable retailing
D)sustainable marketing

Question 22

A sustainable purchase often involves:

A)buying used goods only
B)recycling products after their use
C)giving preferences to suppliers who generate a positive social and environment outcomes
D)using sustainable transportation practices to obtain the product

Question 23

Managers who deny the long-term effects of environmental degradation likely have:

A)little time to devote to sustainable projects
B)no company resources to spend on sustainable practices
C)lack of knowledge of how environmental issues can affect the business
D)no formal accounting education

Question 24

Implementing sustainable business practices ideally should implemented:

A)at the executive level of the organization
B)throughout the product's life cycle
C)in packaging and marketing departments only
D)by engineers who have the specialized technical knowledge to make the product more environmentally friendly

Question 25

Sustainable practices can have many benefits for a company such as:

A)an increase in the number of jobs in a company
B)improved public relations
C)more efficient technology use
D)improved strategic management on a global scale

Question 26

Sustainable distribution typically does not include:

A)shipping from storage
B)packaging
C)returning containers and packaging
D)going to the store to buy the product

Question 27

A sustainable practice in marketing may be best achieved by:

A)newspaper flyers
B)use of social media
C)paper-based coupons
D)television ads

Question 28

Water shortages continue throughout the world mainly due to:

A)greenhouse gas emissions and population growth
B)garbage waste, low fresh water and population growth
C)pollution, poor infrastructure and population growth
D)embodied water, garbage waste and population growth

Question 29

After years of use, when a television or computer no longer works, individuals have the option of:

A)recycling the product's parts or disposing of them
B)donating them for resale
C)returning them to the manufacturer
D)reusing the products

Question 30

Changes to the number of employees are typically reported in the _________ component of the TBL framework.

A)social equity
B)environment
C)economic
D)human resources

Question 31

Climate change often refers to increases in global temperature due to changing:

A)weather and human interference
B)natural weather patterns only
C)human interference only
D)unexplained nature-related events