Deck 12: Global Technology, the Natural Environment and Sustainability

Question 1

Define green management and identify some of its elements.

Answer 1

Green management refers to the practice of incorporating environmentally friendly and sustainable practices into the operations and decision-making processes of an organization. It involves taking into consideration the impact of business activities on the environment and implementing strategies to minimize negative effects while maximizing positive contributions to environmental sustainability.

Some elements of green management include:

1. Environmental compliance: Ensuring that the organization complies with all relevant environmental laws and regulations.

2. Resource conservation: Implementing measures to reduce energy and water consumption, minimize waste generation, and promote recycling and reuse of materials.

3. Sustainable procurement: Sourcing products and materials from suppliers who adhere to environmentally responsible practices and prioritize sustainable production methods.

4. Pollution prevention: Implementing measures to minimize air, water, and soil pollution through the use of clean technologies and best practices.

5. Stakeholder engagement: Involving employees, customers, and the community in environmental initiatives and seeking their input on sustainability efforts.

6. Environmental management systems: Implementing systems and processes to monitor, measure, and continuously improve environmental performance.

7. Green innovation: Encouraging the development and adoption of new technologies and practices that contribute to environmental sustainability.

Overall, green management involves a holistic approach to integrating environmental considerations into all aspects of an organization's operations, with the goal of reducing environmental impact and promoting long-term sustainability.

Question 2

Which statements about the relationship between technology, production, and productivity are true?

A) Technology is the process of transforming resources into products, and technology is used to increase productivity.
B) Production is a performance measure of how many products were produced; whereas, productivity is a performance measure relating outputs to inputs.
C) The goal is to increase productivity; however, a firm can increase production while decreasing productivity.
D) Productivity is a performance measure relating outputs to inputs.
E) Technology has not changed the way in which we do business in the past several decades.

Answer 2

A,B,C,D

Question 3

________ combines biology and technology to develop and produce business products.

A) Biotechnology
B) Biomass
C) Biohazard
D) First-mover technology
E) Productivity

Answer 3

A

Question 4

The company's ________ is responsible for ensuring privacy and information security.

A) Internet police
B) main IT administrator
C) chief executive officer
D) chief financial officer
E) chief information officer

Question 5

The ________ leads and supports self-regulatory initiatives that created an environment of trust and that foster the protection of individuals' privacy online and in electronic commerce.

A) CardSystems Solution
B) National Consumers League
C) Internet Fraud Watch
D) Online Privacy Alliance
E) Upfront Privacy Act

Question 6

Being the first to develop the technological standard creates a(n) ________ to become the strong winner-take-most of the market share leader.

A) market share
B) first-mover advantage
C) initial reality
D) unfair advantage
E) initial adopter advantage

Question 7

Which of the following is not considered by many to be a side effect of technology?

A) environmental pollution
B) increased productivity
C) depletion of our natural resources
D) loss of jobs
E) creation of simple, boring jobs

Question 8

________ is a performance measure relating product and service outputs to resource inputs. In simple terms, productivity is producing more with less.

A) E-commerce
B) Globalization
C) Marketing
D) Technology
E) Productivity

Question 9

________ is often referred to as the application of science to business.

A) Marketing
B) Genetic engineering
C) Technology
D) Productivity
E) Information sharing

Question 10

Which of the elements explains how the winner takes most of the market share?

A) Technology provides the company a way to recap its initial cost to produce a product, because as production increases, the cost of producing each additional unit increases.
B) Economies of scale create winner-take-most market situations.
C) Creating the industry standard and being the first-mover are important market strategies that go hand in hand to dominate a market.
D) Being the first to develop the standard creates a first-mover advantage to become the strong winner-take-most of the market share leader.
E) Businesses like Amazon. com, e-Bay, and Intel all have first-mover advantage.

Question 11

Which of the issues of managing technology are true?

A) Issues of managing technology include protecting the privacy of consumers, employees, and other stakeholders and providing security to prevent information from being misused.
B) Companies use chief financial officers to develop and implement privacy policies and to ensure privacy and information security.
C) Managers also need to balance employee privacy with the need to use technology to monitor employees and ensure their performance meets the company's standard.
D) Business has been reluctant to develop codes of computer ethics.
E) Software developers of Napster and Grokster were careful to ensure that copyright infringement did not occur on their file-sharing systems.

Question 12

Which statements about biotechnology and bioethics are correct?

A) Cloning research does not generally raise ethical or moral concerns over whether a human embryo is actually a human being.
B) There is not much controversy over the safety, ethics, and labeling of GMFs.
C) Companies like Abbott Labs, Eli Lilly, and Johnson & Johnson are afraid to conduct research using regenerative adult stem cells.
D) Issues of biotechnology include genetic engineering and genetically modified foods (GMFs).
E) Two major issues of genetic engineering include stem cell research and cloning.

Question 13

Define ozone depletion and discuss how it affects the earth.

Question 14

What are GM foods, and how do they affect society?

Question 15

Discuss at least four main issues on managing technology the textbook identified.

Question 16

Discuss some of the commonly recognized drawbacks of the increase of technology in today's society.

Question 17

Which statements about sustainability are true?

A) Sustainability is about repairing and maintaining our natural environment.
B) Society expects sustainability and for managers to use resources wisely and responsibly.
C) Sustainable development has become one of the foremost issues facing the world.
D) Sustainability, or multifaceted long-term quality of life, may be the most complex yet vital phenomenon of our time.
E) Growth in business shouldn't happen at the expense of the environment.

Question 18

Which statements about major environmental laws and regulations are true?

A) The Clean Air Act requires the (EPA) to set national standards that limit pollution harmful to people and the environment.
B) The Clean Water Act sets narrow quality goals for state governments only.
C) The National Pollutant Reduction System (NPRS) was created to specify maximum permissible discharge levels and timetables for installing state-of-the art pollution control equipment.
D) The Solid Waste Disposal Act gives regional, state, and local governments the main responsibility for nontoxic waste management, with the EPA assisting them with research and other help.
E) The Acid Rain Act gives Canada the right to bring American companies to court, suing them for pollution that drifts north and damages flora and fauna in Canada.

Question 19

Which statements about ozone depletion, global warming, and the endangerment of biological diversity are true?

A) Biodiversity is the need to have alternative sources of energy, as we are too dependent upon oil.
B) All three of these problems are similar because they are natural environmental issues that have been caused primarily by pollution.
C) Ozone is an oxygen-related gas that floats in a thin layer in the stratosphere between 8 to 25 miles about the earth.
D) Ozone is not very vital to living things on earth.
E) The atmosphere of the earth is heating up, causing potential danger through the greenhouse effect.

Question 20

________ is meeting the needs of today without sacrificing future generations' ability to meet their needs.

A) Degradation
B) Environmental Scrutiny
C) Long-range viability
D) Sustainability
E) Technology development

Question 21

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA), better known as the _________, is another toxic waste initiative to clean up more than 2,000 hazardous waste dumps and spills around America.

A) Megahazard
B) Big Chill
C) Superfund
D) Large Tank
E) Financial Relief

Question 22

The GE Food Alert Campaign Center encourages the production and consumption of more GM food.

Question 23

The new industry of biotechnology has created great entrepreneurial business opportunities for health care, pharmaceutical, and agriculture firms to profitably increase our natural lifespan.

Question 24

The best privacy policies include "opt-in" policy that requires the firm to notify the customer of how the information is being used.

Question 25

Companies do not collect, save, swap, and sell personal information through e-commerce.

Question 26

MS Office was so popular that Apple had Microsoft work with it to develop its office software to ensure compatibility between PC and Mac users.

Question 27

Online business creates opportunities and market strategies that are different from traditional business operations in that technology provides the company a way to recap its initial cost to produce a product

Question 28

Jobs tend to change with the level of technology.

Question 29

Startups and small companies are not using IT to run their businesses using e-commerce and m-commerce because of the start-up costs and security threats.

Question 30

Selecting the best political strategy often affects the success of a business, and obtaining government patents to protect new tech products from being copied is a common strategy.

Question 31

All of the industrialized nations have signed, ratified, and currently abide by the Kyoto Protocol to reduce greenhouse gases.

Question 32

The richest biodiversity appears in rain forests, the number of which has been increasing because people are turning farms back into forests.

Question 33

The U.S. National ________ requires all federal agencies to prepare environmental impact statements for any proposals for legislation and other major federal action that would affect the quality of the human environment.

A) Ozone Protection Act
B) Environmental Policy Act
C) Clean Air Act
D) Impact Study Act
E) Environmental Disaster Prevention Act

Question 34

The _________ is the prevention of solar heat absorbed by the atmosphere from returning to space, creating global warming and climate change problems.

A) greenhouse effect
B) oxygen depletion effect
C) pollution constant
D) big hole
E) strangulation effect

Question 35

________ is a substance released into the environment that has a negative effect on the environment and society.

A) Granulation
B) Technology
C) Depletion
D) Pollution
E) Biodiversity

Question 36

The application of ethics to the field of biotechnology is called _________.

A) biotechnology
B) genetic engineering
C) bioethics
D) agri-ethics
E) micro-engineering

Question 37

Sustainability, or multifaceted long-term quality of life, may be the most complex yet vital phenomenon of our time.

Question 38

The government is currently taking a less active approach, trying to clean it up after the damage rather than prevent pollution to begin with.

Question 39

Agricultural runoff (animal wastes, pesticides, and fertilizers) is now the primary cause of water pollution; therefore, the EPA has placed several thousand large farming operations under pollution permits allowing a set amount of pollution.

Question 40

"Not in my back yard" (NIMBY) illustrates attitudes and behaviors that deny responsibility for the misuse of our natural environment and for pollution.

Question 41

M-commerce involves transacting business through a mobile device such as a phone or tablet.