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BUS 201 Quizzes Questions And Answers With Complete Solutions
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BUS 201 Quizzes Questions And Answers With Complete Solutions
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BUS 201 Quizzes Questions And AnswersWith Complete Solutions
Quality of life, Diversity, Community service/volunteerism,
Employee welfare, Labor practices, Treatment of suppliers &
their labor practices (Fair Trade), Ethics, Sustainable marketing
practices = are all part of what kind of sustanability? correct
answer: Social
Read this carefully: In 1987 after 900 days of research and work,
Norwegian Prime Minister Gro Harlem Brundtland developed
what has become the touchstone definition for Sustainability. It
states that:
"Allowing future generations to meet their needs by
compromising the current generation's ability to meet their own
needs."
True or False? correct answer: False
Over time, the word "sustainability" has morphed from being
only about the long term financial viability of a company to now
include components of social and environmental concerns.
correct answer: True
Which of the following are part of the "Tragedy of the
Commons" (TotC) concept? Click all that are true: correct
answer: TotC occurs when different parties share a common
good.
, TotC occurs when different parties act independently in their
own self-interests.
A basic premise of TotC is that the carrying capacity will be
exceeded.
"__________" posits that unlimited economic growth is not
possible while "_________" posits that unlimited economic
growth is possible. correct answer: "limits to growth"
"no limits to growth"
What are the "3 P's"? correct answer: People
Planet
Profit
The Cornucopia Theory states that there is only ONE
scarcity...what is it? correct answer: Human brain
power...which is the ultimate resource
What are examples of ecosystem services? correct answer:
Diamonds to make engagement rings, water for irrigation, Solar
Energy captured and converted to electricity
Which of the following is NOT part of the IPAT equation?
correct answer: Planet
The "Limits to Growth" concept states that in order to not
exceed the earth's carrying capacity, collapse could be avoided
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