Deck 14: The Environment and Business Responsibilities

Question 1

Market environmentalism involves self-regulation.

Answer 1

True

Question 2

Environmental audits within a corporation typically focus on particular plants or projects operating in sensitive environmental areas.

Answer 2

False

Question 3

Business sustainable development is focused on business strategies and activities that balance firms' priorities with stakeholder interests.

Answer 3

True

Question 4

Inconsistencies between consumers' expressed concerns regarding environmentalism and their consumption of environmentally unfriendly products create ethical and responsibility challenges for corporations.

Question 5

The United Nations World Commission on Environment and Development recommendations are consistent with the principles of business sustainable development.

Question 6

The level of cooperation between ENGOs and business is increasing.

Question 7

Supply of safe water is a concern in developing nations,but fortunately not in Canada.

Question 8

Canada does not currently participate in emissions trading.

Question 9

Corporations should engage in a dialogue with government agencies in order to contribute to the resolution of environmental problems.

Question 10

Government departments can assist corporations in meeting environmental performance objectives.

Question 11

A comprehensive environmental management approach is necessary given the involvement of multiple,diverse,ethical and responsibility issues.

Question 12

Government legislation often requires the submission of an environmental assessment document for review and approval.

Question 13

The generation of energy is usually damaging to the environment.

Question 14

ENGOs are groups that hold shared values or attitudes about challenges confronting the environment.

Question 15

Climate change is also referred to as global warming.

Question 16

There remains considerable debate regarding the relevance to business of environmental concerns.

Question 17

Standard environmentalism refers to the level of environmentalism practised by most corporations.

Question 18

Adopting an ecosystem approach to business does not imply that business needs to consider the interaction of wildlife on land and water.

Question 19

Environmental groups are easy to deal with.

Question 20

The United Nations World Commission on Environment and Development stated that continued economic growth was not a necessary focus in the reduction of poverty.

Question 21

Corporate social responsibility measures do not apply to environmental sustainability reporting.

Question 22

Market-driven environmentalism is viewed as image polishing.

Question 23

Providing green products is not necessary for companies to survive.

Question 24

Oil and gas exploration has considerable economic and environmental impact."We must balance development today to ensure that there are resources available for future generations," argues a stakeholder.This statement is most consistent with the principle of:

A) Environmental ethic
B) Sustainable development
C) Business sustainable development
D) Government requirement ethic
E) Economic sustainability

Question 25

All Canadians pollute the environment.

Question 26

A green workplace is not important in retaining employees in a tight labour market.

Question 27

The comprehensive environmental management approach has gained favour within certain industries in some industrialized countries.

Question 28

The major environmental concerns include all of the following,except:

A) Acid rain
B) Air pollution
C) Ecosystems
D) Energy production
E) Greenwashing

Question 29

Approximately 50% of corporations have environmentally friendly workplace policies.

Question 30

The reputations of corporations who address environmental issues are not likely to be enhanced because these behaviours are now expected of all businesses.

Question 31

Stakeholder orientation is compatible with sustainable development.

Question 32

Environmental issues have added complexity to supply chains.

Question 33

The set of values or principles that govern a corporation's practices relating to the environment is

A) Environmental ethic
B) Sustainable development
C) Business sustainable development
D) Government requirements ethic
E) Ecological ethic

Question 34

Christine is on the board of directors of a large corporation.She is presenting a report to the other board members which highlights how the firm's economic activities and practices are dependent upon human and natural resources,as well as to physical and financial capital.Her report is most consistent with the principle of:

A) Environmental ethic
B) Sustainable development
C) Business sustainable development
D) Government requirement ethic
E) Socio-economic impact assessment

Question 35

Companies may purchase "eco-insurance" in response to the liability risk related to environmental problems.

Question 36

Corporations are not required to identify asset retirement obligations.

Question 37

Profitability is likely reduced due to a focus on environmental concerns.

Question 38

Greenwashing is the permeation of "green" or environmental concerns throughout all organizational divisions in a corporation.

Question 39

Some business journalists are critical of sustainability.They argue that it means constraining economic development.

Question 40

Greenwashing is considered a "token response" to environmental concerns.

Question 41

Waste management is the concern of which functional area?

A) Financial management
B) Marketing
C) Human resources
D) Production
E) Distribution

Question 42

Enrique is encouraging his company to adopt an approach to environmentalism that would see financial returns balanced with environmental and stakeholder concerns.This approach is best characterized as _________________.

A) token response
B) compliance with laws and regulations
C) comprehensive environmental management
D) sustainable development
E) compliance with stakeholder expectations

Question 43

Ontario Securities Commission requires public corporation to comply with all of the following,except:

A) Quantify accounting estimates regarding environmental liabilities.
B) Identify asset retirement obligations.
C) Costs of financial and operational effects of environmental protection requirements.
D) Environmental policies and the steps to implement them.
E) Identify the economic risks to stakeholders.

Question 44

An environmental assessment document usually does not contain a(n):

A) project budget
B) outline of how the project will affect the environment
C) outline of how alternatives to the project would affect the environment
D) reasons for the project
E) description of the project

Question 45

The Village Union University is expanding.The population of the surrounding city is growing as more and more people are attracted to employment opportunities at the university.Village Union,if adopting an ecosystem perspective,would focus on all of the following,except:

A) The impact of university expansion on local duck populations.
B) The increased enrolment on the university campus and land use.
C) Air pollution caused by university vehicles.
D) Decreased deer populations caused by loss of grasslands due to increased housing development in the surrounding community.
E) The University's practice of greenwashing.

Question 46

PDF Corporation has exceeded its targets for carbon reduction.ABC Corporation cannot meet its targets,so it is possible for ABC to purchase all of the following credits from PDF Corporation,except:

A) Carbon offsets
B) Emissions reduction credits
C) Greenhouse gas credits
D) Cap and trade
E) Tax credits

Question 47

Climate change,according to the textbook,is:

A) Synonymous with global warming.
B) The result of human inaction.
C) Leading to decreased greenhouse gases.
D) The same as ozone depletion.
E) Caused by acid rain.

Question 48

The impact of sustainable development includes all of the following,except:

A) Canadians will support conservation even if it means job losses.
B) Canadians have lower consumption of energy rates than most developed nations.
C) Most Canadian business leaders audit greenhouse gas emissions within their companies.
D) Canadians support hydro-electric projects as an alternate energy source.
E) There are mixed reactions from consumers regarding the protection of the environment.

Question 49

Corporations should engage in a dialogue with government agencies for all of the following reasons,except:

A) Government regulates all of the corporation's activities.
B) Government introduces policy changes through taxation rates.
C) Government establishes subsidies for corporations.
D) Government establishes international trade agreements.
E) Government attempts to manipulate corporate environmental records to penalize certain industries.

Question 50

JKL Corporation has spent a significant portion of its marketing budget redesigning the corporate logo to incorporate images from nature.The corporation,however,has not spent any money on enhancing its environmental strategy or practice.Pollution Probe,an NGO,accuses JKL Corporation of __________.

A) greenwashing
B) compliance with laws and regulations
C) comprehensive environmental management
D) sustainable development
E) market manipulation

Question 51

What is meant by the expression "the environment as a commons"?

Question 52

The 4 Rs of Recycling include all the following,except:

A) Reclaim
B) Reduce
C) Reuse
D) Recycle
E) Recover

Question 53

A grocery store chain is promoting its reliance on local sources of produce.ENGOs have been advocates of this approach to supply chain management because it reduces pollution caused by long distance transport of produce and even the government has been supportive of this "buy local" strategy.This is an example of:

A) Standard environmentalism
B) Market environmentalism
C) Sustainable development
D) Offsets
E) None of the answers.

Question 54

Sandra is concerned that her company will be sued if they continue to exceed their quota,or allowed limit,in the fishery.This concern represents the ___________ response to environmental concerns.

A) token response
B) compliance with laws and regulations
C) comprehensive environmental management
D) sustainable development
E) damage control

Question 55

Which of the following statements regarding Canadians' views on business and the environment is true?

A) Canadians will support conservation even if it means job losses.
B) Canadians have lower consumption of energy rates than most developed nations.
C) Most Canadian business leaders audit greenhouse gas emissions within their companies.
D) Canadians support hydro-electric projects as an alternate energy source.
E) There are mixed reactions from consumers regarding the protection of the environment.

Question 56

Luis' company is about to launch a new product line of environmentally friendly cleaning products.It is hoping that this product line will offset the risks associated with the acquisition of a small,but debt-laden company in the last quarter.The new product line is an example of:

A) Eco-insurance
B) Green marketing
C) Greenwashing
D) Token response
E) Sustainability

Question 57

Governments have announced various programs to regulate the natural environment.Which of the following is the exception?

A) Create cleaner air
B) Encourage sustainable resources
C) Reduce ozone depletion and global warming
D) Joint government-business initiatives to reduce their environmental footprint
E) Coordination of public policies

Question 58

OP,an oil and gas exploration company,has decided to adopt an innovative approach to natural gas extraction that will have a less damaging impact on the environment.The idea was first launched by a coop student working in the marketing department who championed the idea when meeting with her department regarding the unit's environmental objectives,the marketing manager raised it with the CFO.The CFO thought the idea sufficiently innovative that he raised it to the CEO.This company is most likely applying the _________ orientation to environmental concerns.

A) token response
B) compliance with laws and regulations
C) comprehensive environmental management
D) sustainable development
E) business sustainable development

Question 59

Hendry formulated eight propositions to explain how ENGOs target particular organizations.These propositions include all of the following,except:

A) the greater the degree of certainty that the firm is the source of the problem, the more likely they become a target.
B) the larger the firm, the less likely they are to be targeted.
C) the greater the previous interaction between the firm and the ENGO, the more likely the firm is to be targeted.
D) the closer the firm is to the consumer in the supply chain, the more likely it is to be targeted.
E) the more well-known the firm's brands are, the more likely they are to be targeted.

Question 60

Considerable attention has been focused on the pollution of the Halifax Harbour.New regulations controlling waste management,through recycling,is one element of the comprehensive renewal strategy.This is an example of:

A) Standard environmentalism
B) Market environmentalism
C) Sustainable development
D) Business Sustainable development
E) Economic development

Question 61

Who is Greenpeace Canada?

Question 62

What is the Kyoto Protocol?

Question 63

Why did Canada withdraw from the Kyoto Protocol? How was this action perceived by Canadian business and society?

Question 64

Describe a system of offsets as a variation of emissions trading.

Question 65

Compare token response to sustainable development as a strategic approach to environmental concerns.

Question 66

Identify some of the rationales for business journalists' criticism of sustainability.

Question 67

Describe the Carbon Disclosure Project (CDP)

Question 68

What is the mission of the WWF-Canada?

Question 69

Compare the concepts of "sustainable development" to "business sustainable development".

Question 70

Compare standard environmentalism to market environmentalism.

Question 71

Discuss five of the major concerns stemming from the environment.