Untitled Quiz

The reasons behind government rules and laws for businesses.

Rules aimed at ensuring fair competition and preventing monopolies in the market.

A group of companies working together to dominate a market and eliminate competition.

When one company solely provides a product or service within a market.

Government rules focusing on protecting consumers, workers, and the environment.

Rules and agreements affecting businesses across different countries.

A free trade agreement between Canada, Mexico, and the United States.

A group of European countries working together on economics, social policies, and security.

The expenses businesses, consumers, and society face due to regulations. These costs include spending on administrative and staffing of regulatory agencies, and the burden on businesses to comply with regulations.

Regulations are often enforced to address social concerns. These reasons include preventing negative consequences of marketing, promoting workplace equality, ensuring product safety, and protecting consumers and businesses online.

Regulations can bring positive outcomes for individuals and society. These benefits include greater workplace equality, safer workplaces, resources for disadvantaged groups, safer products, more consumer information, and cleaner environments.

The Revised Corporation Code of the Philippines of 2018, a law that governs corporations and their operations in the Philippines.

Technology is constantly changing and evolving, often challenging the existing social structures and institutions.

Technology spreads widely through society, influencing different groups and aspects of life.

A process of changing existing regulations, often to address problems or improve efficiency. This can involve removing regulations, modifying them, or introducing new ones.

The complete removal of all regulations in a specific sector or industry.

The use of knowledge, processes, and tools to solve problems, complete tasks, and create new ways to achieve desired outcomes.

Foods derived from organisms whose genetic makeup has been altered using biotechnology.

A procedure businesses use to predict the impacts of new products and processes on their operations, other organizations, and society as a whole.

The ability of the natural environment, including living things, to support long-term well-being for both nature and people.

The layer of gases that surrounds the Earth.

Contamination of the Earth's surface with harmful substances or waste.

The collection, transport, processing, and disposal of waste materials.

The clearing of forests for other uses, such as agriculture or development.

Rainwater that is made acidic by sulfur dioxide (SO2) and nitrogen oxides (NOX) from burning fossil fuels.

A gradual increase in Earth's average temperature primarily due to greenhouse gases like CO2 and CFCs.

A system that limits carbon emissions by allowing businesses or countries to buy and sell permits for emitting greenhouse gases.

The contamination of bodies of water with harmful substances, making it unfit for use.

The overall condition of water based on chemical, physical, and biological characteristics, indicating its suitability for different uses.

A renewable energy source that converts sunlight into electricity using photovoltaic (PV) panels or concentrated solar radiation.

A non-renewable energy source that generates electricity through controlled nuclear fission, releasing energy from atoms.

A framework that evaluates the business practices of companies to determine their contribution to corporate social responsibility, economic growth, and sustainability. The RCI helps companies improve their performance by prioritizing responsible practices.

Improvements in a country's economic, environmental, social, and health conditions, with a focus on achieving a higher standard of living and well-being for its citizens.

A global organization that develops standards and guidelines for companies to report their economic, social, and environmental impact, promoting transparency and accountability.

A process used to identify potential negative events that could impact organizations and the environment.

The GRI standards cover six categories of sustainability reporting, which focus on economic, human rights, labor practices, environmental, product responsibility, and societal impacts.

There are various business partnerships aimed at promoting development. These include conventional business partnerships, corporate social responsibility partnerships, corporate accountability partnerships, social economy partnerships, and development efforts of countries.

Liquid fuels and blending components made from biomass materials called feedstocks. They're often used for transportation, heating, and electricity generation.

A renewable energy source that generates power using dams or diversions to control the flow of water.

The ability to understand and effectively adapt to different cultures, organizations, and professional environments.

Knowledge about economic, legal, ethical, and social systems that exist in different cultures.

The desire to learn about different cultures and subcultures, and the confidence to act effectively despite cultural differences.

The ability to use appropriate verbal and nonverbal communication when interacting with people from diverse backgrounds.

Challenges that businesses face related to environmental impact, social responsibility, and economic viability.