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?

  • 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?

<p>It increases carbon emissions (B)</p> Signup and view all the answers

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

<p>It can be expensive (A)</p> 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?

<p>External costs and external benefits (B)</p> Signup and view all the answers

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

<p>To remain competitive and not lose sales (C)</p> 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?

<p>Cost–benefit analysis (D)</p> Signup and view all the answers

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

<p>Creation of jobs (C)</p> Signup and view all the answers

Why might consumers buy less according to the text?

<p>Because they have to pay higher prices (B)</p> Signup and view all the answers

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

<p>Reduced air quality due to pollution from factory chimneys (B)</p> Signup and view all the answers

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

<p>Harm to business reputation and sales by pressure groups (D)</p> Signup and view all the answers

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

<p>Due to their social awareness and to reduce global pollution (B)</p> Signup and view all the answers

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

<p>Increased demand for 'environmentally friendly' products (A)</p> 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?

<p>Protecting the environment can be expensive (A)</p> Signup and view all the answers

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

<p>Private costs and private benefits (C)</p> Signup and view all the answers

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

<p>They fear losing sales to businesses that are not environmentally friendly (B)</p> 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?

<p>Cost–benefit analysis (D)</p> Signup and view all the answers

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

<p>Smoke and fumes damaging the health of residents (A)</p> Signup and view all the answers

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

<p>It decreases profits due to increased costs (C)</p> Signup and view all the answers

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