Impacts of Business Activity on the Environment Quiz

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What is one of the examples given in the text of how business activity impacts the environment?

Aircraft jet engine emissions damage the atmosphere (correct)

Pollution from factory chimneys reduces global warming

Waste disposal increases air quality

Transport of goods by ship and trucks reduces carbon emissions

Why do consumers demand products from 'environmentally friendly' businesses according to the text?

To harm business reputation and sales

To reduce global warming

As a marketing advantage (correct)

To increase pollution

What is mentioned as an advantage of protecting the environment in the text?

Reducing social responsibility

Harming business reputation

Consumers demanding environmentally friendly products (correct)

Increasing global pollution

How does transport of goods by ship and trucks impact the environment according to the text?

It increases carbon emissions Signup and view all the answers

What is mentioned as a disadvantage of protecting the environment according to the text?

It can be expensive Signup and view all the answers

What term is used to describe costs and benefits that impact the rest of society other than the business itself?

External costs and external benefits Signup and view all the answers

Why might firms be reluctant to adopt environmentally friendly policies according to the text?

To remain competitive and not lose sales Signup and view all the answers

What is the term used for the process of giving a value to all costs and benefits of a decision?

Cost–benefit analysis Signup and view all the answers

What could be a potential external benefit of the chemical factory production according to the text?

Creation of jobs Signup and view all the answers

Why might consumers buy less according to the text?

Because they have to pay higher prices Signup and view all the answers

What is one of the examples given in the text of how business activity impacts the environment?

Reduced air quality due to pollution from factory chimneys Signup and view all the answers

What could be a potential outcome if a business damages the environment according to the text?

Harm to business reputation and sales by pressure groups Signup and view all the answers

Why are consumers increasingly demanding products from 'environmentally friendly' businesses according to the text?

Due to their social awareness and to reduce global pollution Signup and view all the answers

What is mentioned as an advantage of protecting the environment in the text?

Increased demand for 'environmentally friendly' products Signup and view all the answers

What might be a reason why firms could be reluctant to adopt environmentally friendly policies according to the text?

Protecting the environment can be expensive Signup and view all the answers

What type of costs and benefits are considered when a business plans to open a new factory?

Private costs and private benefits Signup and view all the answers

Why might firms be hesitant to adopt environmentally friendly policies according to the text?

They fear losing sales to businesses that are not environmentally friendly Signup and view all the answers

What is the term used for the process of giving a value to all costs and benefits of a decision?

Cost–benefit analysis Signup and view all the answers

What could be a potential external cost of the chemical factory production according to the text?

Smoke and fumes damaging the health of residents Signup and view all the answers

How does reducing waste and recycling waste impact businesses according to the text?

It decreases profits due to increased costs Signup and view all the answers

Impacts of Business Activity on the Environment Quiz

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Questions and Answers

What is one of the examples given in the text of how business activity impacts the environment?

Why do consumers demand products from 'environmentally friendly' businesses according to the text?

What is mentioned as an advantage of protecting the environment in the text?

How does transport of goods by ship and trucks impact the environment according to the text?

What is mentioned as a disadvantage of protecting the environment according to the text?

What term is used to describe costs and benefits that impact the rest of society other than the business itself?

Why might firms be reluctant to adopt environmentally friendly policies according to the text?

What is the term used for the process of giving a value to all costs and benefits of a decision?

What could be a potential external benefit of the chemical factory production according to the text?

Why might consumers buy less according to the text?

What is one of the examples given in the text of how business activity impacts the environment?

What could be a potential outcome if a business damages the environment according to the text?

Why are consumers increasingly demanding products from 'environmentally friendly' businesses according to the text?

What is mentioned as an advantage of protecting the environment in the text?

What might be a reason why firms could be reluctant to adopt environmentally friendly policies according to the text?

What type of costs and benefits are considered when a business plans to open a new factory?

Why might firms be hesitant to adopt environmentally friendly policies according to the text?

What is the term used for the process of giving a value to all costs and benefits of a decision?

What could be a potential external cost of the chemical factory production according to the text?

How does reducing waste and recycling waste impact businesses according to the text?

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