Question 1

The Global Fuel Economy Initiative expects the number of cars worldwide to triple between now and 2050.

Accepted Answer

The Global Fuel Economy Initiative has projected that the number of cars worldwide will triple by 2050.

Question 2

One responsibility of business is to satisfy customers by offering them goods and services of real value.

Accepted Answer

It is a widely accepted principle that one of the main responsibilities of a business is to meet the needs and wants of its customers by providing them with products or services that they perceive as valuable. This helps to build customer loyalty, create repeat business, and enhance the reputation of the business.

Question 3

Creating a regulatory and financial environment,which moves manufacturers to stress fuel economy instead of performance,could enable us to cut fuel emissions by 50% between now and 2030.

Accepted Answer

By creating regulations and financial incentives that prioritize fuel economy over performance, manufacturers would be incentivized to develop more fuel-efficient vehicles. This could potentially lead to a 50% reduction in fuel emissions by 2030.

Question 4

The ethical standards by which international political leaders are judged are less strict today than they were in years past.

Accepted Answer

The answer of The ethical standards by which international political...

Question 5

Promoting social justice is a responsibility of society,but not businesses.

Accepted Answer

Businesses have a responsibility to promote social justice as they have the power and resources to make a positive impact on society as a whole. This can include implementing fair employment practices, supporting diverse communities, and advocating for policies and laws that promote equality and justice.

Question 6

Successful economic development ratings need to go beyond production and consumption indices and include additional measures such as the protection of our biosphere.

Accepted Answer

Economic development ratings that only consider production and consumption indices are not sufficient as they do not take into account the impact on the environment and the natural resources that are necessary for economic activity. Therefore, it is important to incorporate measures that protect the biosphere and ensure sustainability in economic development ratings.

Question 7

To significantly reverse the downward spiral associated with climate change,we will need to cut carbon-based emissions during this period by at least 50% from their current levels.

Accepted Answer

This statement is true. According to the Intergovernmental Panel on Climate Change (IPCC), cutting carbon-based emissions by at least 50% from current levels is necessary to limit global warming to 1.5°C above pre-industrial levels, which is the target set by the Paris Agreement to avoid the worst impacts of climate change.

Question 8

Decarbonizing the energy supply by continuing to apply alternate energy power solutions,such as wind,solar,geothermal,biomass,hydro,and even nuclear,where applicable,will reduce the carbon footprint further.

Accepted Answer

Decarbonizing the energy supply by using alternate energy sources such as wind, solar, geothermal, biomass, hydro, and nuclear (where applicable) will help to reduce the carbon footprint even more.

Question 9

A firm's net social contribution is the difference between their positive contributions and their negative social impacts.

Accepted Answer

A firm's net social contribution is indeed calculated as the difference between their positive contributions and their negative social impacts. This measure seeks to evaluate a company's overall impact on society and the environment, taking into account both the positive and negative aspects of their operations. By assessing their net social contribution, companies can identify areas where they can improve their sustainability and social responsibility practices.

Question 10

One responsibility of business is to satisfy customers by offering them goods and services of real value.

Accepted Answer

Businesses exist to serve the needs and wants of their customers. Therefore, it is their responsibility to provide goods and services that meet customer demands and provide value. Meeting customer expectations is essential for the success and sustainability of a business.

Question 11

current estimate for the population growth of our planet in 2050 is 9.2 billion.

Accepted Answer

The answer of current estimate for the population growth of...

Question 12

Continued,unabated degradation of our air,land,and water,as the accelerated rate of global economic growth continues,has the making of a massive environmental and planetary disaster.

Accepted Answer

The statement expresses concern about the consequences of unchecked economic growth on the environment, implying that continued degradation of air, land, and water could lead to a significant environmental and planetary disaster. This implies that the statement is true.

Question 13

Experts estimate that Canada will need to spend between $70 billion and $90 billion between now and 2016 in order to meet the future needs of our country.

Accepted Answer

This is a widely cited estimate by various experts and organizations, such as the Canadian Centre for Policy Alternatives and the Federation of Canadian Municipalities. This spending is needed to address infrastructure, education, healthcare, and other areas critical to Canada's future growth and prosperity.

Question 14

Businesses have a social responsibility to create jobs.

Accepted Answer

Businesses have a social responsibility to contribute to the economic growth and development of their communities by creating job opportunities. This not only benefits the individual employees but also the overall economy.

Question 15

The economic power of large multinational firms allows them to ignore the ethical standards of a society without consequences.

Accepted Answer

Large multinational firms are subject to legal and reputational consequences if they violate ethical standards. They may also face backlash from consumers and other stakeholders, which can impact their bottom line. Additionally, there are growing movements advocating for corporate social responsibility and ethical business practices, which can put pressure on these firms to act responsibly.

Question 16

Successful economic development ratings need to go beyond production and consumption indices and include additional measures such as the sustainable use of global resources.

Accepted Answer

Sustainable use of global resources is an important factor to be considered for successful economic development, which goes beyond just production and consumption indices.

Question 17

Ethical behaviour comes at the expense of stockholder wealth.

Accepted Answer

Ethical behaviour does not necessarily come at the expense of stockholder wealth. In fact, studies have shown that companies with strong ethical cultures often outperform their competitors in the long run. Business ethics can help companies build trust and loyalty among customers, attract and retain talented employees, and reduce the risk of costly legal and reputational damages. In the short term, there may be some costs associated with implementing and maintaining ethical practices, but these costs are often outweighed by the benefits in the long term.

Question 18

Often it is the threat of negative publicity that pressures businesses to enforce their corporate code of ethics.

Accepted Answer

Negative publicity can have a significant impact on a company's reputation and bottom line, and therefore many companies are motivated to prevent it by enforcing their code of ethics.

Question 19

Being responsible to your customers may require your firm to provide more information regarding your product than the law demands.

Accepted Answer

Providing additional information beyond legal requirements can demonstrate a commitment to transparency and building trust with customers.

Question 20

Successful economic development ratings need to go beyond production and consumption indices and include additional measures such as energy conservation.

Accepted Answer

Successful economic development ratings should go beyond focusing on production and consumption indices and include measures such as energy conservation to ensure that economic growth is sustainable and does not negatively impact the environment.

Quiz 4: The Environment and Sustainable Business Practices

The Global Fuel Economy Initiative expects the number of cars worldwide to triple between now and 2050.

One responsibility of business is to satisfy customers by offering them goods and services of real value.

Creating a regulatory and financial environment,which moves manufacturers to stress fuel economy instead of performance,could enable us to cut fuel emissions by 50% between now and 2030.

The ethical standards by which international political leaders are judged are less strict today than they were in years past.

Promoting social justice is a responsibility of society,but not businesses.

Successful economic development ratings need to go beyond production and consumption indices and include additional measures such as the protection of our biosphere.

To significantly reverse the downward spiral associated with climate change,we will need to cut carbon-based emissions during this period by at least 50% from their current levels.

Decarbonizing the energy supply by continuing to apply alternate energy power solutions,such as wind,solar,geothermal,biomass,hydro,and even nuclear,where applicable,will reduce the carbon footprint further.

A firm's net social contribution is the difference between their positive contributions and their negative social impacts.

One responsibility of business is to satisfy customers by offering them goods and services of real value.

current estimate for the population growth of our planet in 2050 is 9.2 billion.

Continued,unabated degradation of our air,land,and water,as the accelerated rate of global economic growth continues,has the making of a massive environmental and planetary disaster.

Experts estimate that Canada will need to spend between $70 billion and $90 billion between now and 2016 in order to meet the future needs of our country.

Businesses have a social responsibility to create jobs.

The economic power of large multinational firms allows them to ignore the ethical standards of a society without consequences.

Successful economic development ratings need to go beyond production and consumption indices and include additional measures such as the sustainable use of global resources.

Ethical behaviour comes at the expense of stockholder wealth.

Often it is the threat of negative publicity that pressures businesses to enforce their corporate code of ethics.

Being responsible to your customers may require your firm to provide more information regarding your product than the law demands.

Successful economic development ratings need to go beyond production and consumption indices and include additional measures such as energy conservation.