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BUSI 3250 Exam 2 Questions With Answers 100- Correct
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10/10/24, 8:59 PMBUSI 3250 Exam 2
Jeremiah
Terms in this set (94)
state in which the demands placed upon the environment by people and commerce
environmental sustainability can be met without reducing the capacity of the environment to provide for future
generations
it meets the needs of the present without compromising the ability of future
sustainable development
generations to meet their needs
an evaluation of the environmental aspects of a product or service throughout its life
cycle
life cycle assessment
assesses the cumulative impact of product
suggests that products and services should be designed to completely close the
production loop, so that all resources needed to produce them are recycled and
cradle to cradle design reused rather than discarded or left to pollute
identifies technical and biological nutrients
a voluntary reporting scheme for businesses that covers critical areas affecting the
united nations global compact conduct of international business--- human rights, labor, the environment, and
anticorruption efforts
global reporting initiative sustainability reporting framework developed among stakeholders
organization that provides reporting frameworks for greenhouse gas emissions and
carbon disclosure project
water use
a measure of the volume of greenhouse gas emissions caused by a products
carbon footprint
manufacture and use
water footprint a measure of the amount of water used in a products manufacture and use
limits address the reality that environmental resources are exhaustible
the complex relationships that sustainable practices create among ecological, social,
interdependence as part of the
and economic systems, in which actions in one of these systems may affect the other
sustainability context
two, often in ways that are not easily predicted
for system interdependence to work.... there cannot be vast differences in the distribution of gains
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an understanding of how business operates that takes in to account all identifiable
interest holders
stakeholder theory managers should consider the network of tensions caused by competing internal
and external demands that surrounds the business
gives all stakeholders a voice
measures the firms social and environmental performance in addition to its
economic performance
triple bottom line accounting (3BL)
does not allow for comparisons across companies because measurements,
especially social and environmental areas are not standardized
natiral resources such as air, land, and water that provide us with the goods and
natural capital
services on which our survival depends
can contribute to country's competitive advantage
location obvious to trade with neighbors
proximity affects formation of trading groups
separate people, impede exchange and interaction
mountains results in language and culture differences
create regional markets, often with altitude adjustments
separate markets
deserts and tropical forests increase cost of transportation
create population concentrations
attract people
bodies of water facilitate transportation
inland waterways provide access to interior markets
meteorological conditions, including temperature, precipitation, and wind that
climate
prevail in a region
greater economic and intellectual development has occurred in temperate climates
north-south divide
of northern europe and US
natural resource anything supplied by nature on which people depend
energy that comes from sources that are naturally replenishes, such as sunlight, wind,
renewable energy
and water flow
energy that coes from sources that cannot be replenished, such as the fossil fuels--
nonrenewable energy
petroleum, coals, and natural gas-- and nuclear power
oil shale has remain underdeveloped due to environmental issues
heavy oil does not flow easily, produced from oil sands and oil bearing shale
fracking has opened new reserves
nuclear power data suggests many countries expanding capacity for this, the main issue is safety
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