Question 1

In the energy sector between 2002 and 2011, consumption of renewable energy grew by over _____, while non-renewable energy consumption ________.

Accepted Answer

A)  50%, slightly increased 
B)  10%, increased 
C)  400%, decreased 
D)  30%, greatly decreased

Question 2

In the coming decade, global average surface temperatures, flooding, water consumption, habitat loss, chemical exposure, and electronic waste are expected to ______.

Accepted Answer

A)  Decline 
B)  Increase 
C)  Stabilize 
D)  Improve

Question 3

Developed economies are responsible for substantially greater levels of ______ than developing economies.

Accepted Answer

A)  Income equality 
B)  Inequality 
C)  Aggregate consumption 
D)  Insider trading

Question 4

When a company's actions, such as polluting a river, shift costs onto local communities without consent or compensation, this is called a(n) ______.

Accepted Answer

The answer of When a company's actions, such as polluting...

Question 5

Business representatives attending the Rio+20 Summit on Sustainability voted to _______ certain statements of principle and action related to sustainable business.

Accepted Answer

A)  Oppose 
B)  Repeal 
C)  Amend 
D)  Support

Question 6

Overconsumption of natural resources occurs when ______ exceeds ______.

Accepted Answer

A)  Yield, harvest 
B)  supply, demand 
C)  Ecological footprint, biocapacity 
D)  Carbon emissions, regulatory limits

Question 7

The growing threat of natural resource shortage means businesses may face increased _______.

Accepted Answer

A)  Marketing costs 
B)  Bids for supply contracts 
C)  Operating costs 
D)  Employee turnover

Question 8

Global human population and per capita consumption levels are _______.

Accepted Answer

A)  Optimistic 
B)  Decreasing 
C)  Uncertain 
D)  Increasing

Question 9

This environmental issue has substantial implications for the private sector in the coming years.

Accepted Answer

A)  Greenhouse gas emissions 
B)  Water shortage 
C)  Habitat loss 
D)  All of the above

Question 10

Natural capital is the ______ of natural resources upon which human life and economic activities depend.

Accepted Answer

A)  Deficit 
B)  Available stock 
C)  Management 
D)  Stewardship

Question 11

When compared to traditional products, sustainable products and services are _______ in market share of food, consumer products, construction, finance, energy, and transportation sectors.

Accepted Answer

A)  Socially responsible 
B)  Relinquishing 
C)  About the same 
D)  Taking over

Question 12

Do you think the international oil company, Statoil ASA, deserves to be called a sustainable business leader? Why or why not?

Accepted Answer

The answer of Do you think the international oil company,...

Question 13

Internalizing a risk means that the party who creates a risk ultimately _____ for it.

Accepted Answer

A)  Gets compensated 
B)  Gets insurance benefits 
C)  Takes responsibility 
D)  Gets sued

Question 14

Global primary production and processing sectors generate $7.3 trillion in ______ annually.

Accepted Answer

A)  Profit 
B)  Revenue 
C)  Shareholder dividends 
D)  Externalities

Question 15

To what extent do primary production and processing sectors create externalities? In what ways do these externalities threaten natural resources?

Accepted Answer

The answer of To what extent do primary production and...

Question 16

As organizational commitment to sustainability matures, old priorities such as legal compliance are ______ while new priorities are added.

Accepted Answer

A)  Abandoned 
B)  Included 
C)  Ignored 
D)  Controlling

Question 17

When compared to traditional product market share, sustainable product market share growth is ______ in food production and construction market sectors.

Accepted Answer

A)  Dominating 
B)  Diminishing 
C)  Losing 
D)  Slowly Growing

Question 18

During the global economic recession of 2007-2010, Socially Responsible Investing portfolios experienced ______.

Accepted Answer

A)  Contraction 
B)  Asset growth 
C)  Stability 
D)  Instability

Question 19

Sustainability requires today's generation to steward __________ for the benefit of future generations.

Accepted Answer

A)  Success 
B)  Entrepreneurship 
C)  Natural resources 
D)  Products and services

Question 20

Small and Mid-sized Enterprises (SMEs) are responsible for _____ of global industrial pollution.

Accepted Answer

A)  60-70% 
B)  Very little 
C)  Disposal 
D)  Outsourcing

Exam 1: Introduction to Sustainable Business

In the energy sector between 2002 and 2011, consumption of renewable energy grew by over _, while non-renewable energy consumption ____.