20 Questions
What is one of the examples given in the text of how business activity impacts the environment?
Aircraft jet engine emissions damage the atmosphere
Why do consumers demand products from 'environmentally friendly' businesses according to the text?
As a marketing advantage
What is mentioned as an advantage of protecting the environment in the text?
Consumers demanding environmentally friendly products
How does transport of goods by ship and trucks impact the environment according to the text?
It increases carbon emissions
What is mentioned as a disadvantage of protecting the environment according to the text?
It can be expensive
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
Why might firms be reluctant to adopt environmentally friendly policies according to the text?
To remain competitive and not lose sales
What is the term used for the process of giving a value to all costs and benefits of a decision?
Cost–benefit analysis
What could be a potential external benefit of the chemical factory production according to the text?
Creation of jobs
Why might consumers buy less according to the text?
Because they have to pay higher prices
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
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
Why are consumers increasingly demanding products from 'environmentally friendly' businesses according to the text?
Due to their social awareness and to reduce global pollution
What is mentioned as an advantage of protecting the environment in the text?
Increased demand for 'environmentally friendly' products
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
What type of costs and benefits are considered when a business plans to open a new factory?
Private costs and private benefits
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
What is the term used for the process of giving a value to all costs and benefits of a decision?
Cost–benefit analysis
What could be a potential external cost of the chemical factory production according to the text?
Smoke and fumes damaging the health of residents
How does reducing waste and recycling waste impact businesses according to the text?
It decreases profits due to increased costs
Test your knowledge on how business activities affect the environment with this quiz. Learn about the environmental and ethical issues related to aircraft emissions, factory pollution, waste disposal, and fossil fuel usage in transportation.
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