Sustainability in Business: Theory and Practice
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What is implied by the concept of 'sustainability' in the context of sustainable development?

  • A complete transformation of the economy and society
  • A one-time improvement in the environment
  • A temporary improvement in the economy and society
  • A continuous maintenance and ability to continue an activity indefinitely (correct)

    • What is the difference between 'sustainability' and 'sustainable development'?

  • Sustainability is the objective, while sustainable development is the aim
  • Sustainability is the process, while sustainable development is the goal
  • Sustainability is the goal, while sustainable development is the process
  • Sustainability is the aim, while sustainable development is the objective (correct)

    • What is necessary for mankind to survive and move towards higher levels according to Albert Einstein?

  • A new type of thinking (correct)
  • More economic growth
  • More environmental protection
  • More technological advancements

    • What is a paradigm shift?

    <p>A change from one way of thinking to another</p> Signup and view all the answers

    What is the implication of an activity being 'sustainable'?

    <p>It can continue indefinitely</p> Signup and view all the answers

    What does 'to develop' mean in the context of sustainable development?

    <p>To improve or get better</p> Signup and view all the answers

    What is the main objective of the lecture on Sustainable Development Theory?

    <p>To understand the meaning of sustainability and the principles of sustainable development</p> Signup and view all the answers

    What is the title of the book that warned about the dangers of overpopulation?

    <p>The Population Bomb</p> Signup and view all the answers

    What is one of the global problems that businesses are expected to play a role in resolving?

    <p>Toxicity of chemicals</p> Signup and view all the answers

    What is the primary idea behind the concept of 'The Tragedy of the Commons'?

    <p>The demise of open access resources</p> Signup and view all the answers

    What is the title of the report that warned about the costs of unlimited economic growth?

    <p>The Limits to Growth</p> Signup and view all the answers

    What are the two aspects of sustainability that students will be able to differentiate between after the lecture?

    <p>Weak and strong aspects of sustainability</p> Signup and view all the answers

    What is the primary focus of the concept of inter-species equity?

    <p>Preserving the habitats and well-being of other species</p> Signup and view all the answers

    What is the principal idea behind the precautionary principle?

    <p>Taking measures to minimize risks despite uncertainty</p> Signup and view all the answers

    According to the WCED 1987, what is the primary goal of sustainable development?

    <p>Meeting the needs of the present without compromising the ability of future generations to meet their own needs</p> Signup and view all the answers

    What is the main implication of the changed understanding of sustainability?

    <p>It has become a more broadly encompassing concept</p> Signup and view all the answers

    What is meant by the term 'intra-species equity'?

    <p>Ensuring equal rights and opportunities among human beings and future generations</p> Signup and view all the answers

    What is the core idea of the 'essentially contested concept' approach to sustainability?

    <p>That sustainability is a concept that is open to different, often incompatible interpretations</p> Signup and view all the answers

    What is the estimated value of natural capital services provided to humans in one generation?

    <p>Many quintillion dollars</p> Signup and view all the answers

    According to the Sustainability Spectrum, which camp is characterized by pessimists?

    <p>Strong Camp</p> Signup and view all the answers

    What is required for achieving sustainable development?

    <p>All of the above, including Inter-species, Intra-species, and Inter-generational equity considerations</p> Signup and view all the answers

    What is a challenge for businesses in achieving sustainable development?

    <p>All of the above</p> Signup and view all the answers

    What is lacking in terms of guidance for businesses in achieving sustainable development?

    <p>All of the above</p> Signup and view all the answers

    What is the current era of sustainable development, according to the text?

    <p>The 4th era</p> Signup and view all the answers

    What is the main idea behind the quote 'If we live as if it doesn't matter, and it matters, then it matters'?

    <p>The consequences of ignoring nature's importance will be severe</p> Signup and view all the answers

    What is the primary focus of the ecocentric worldview?

    <p>Precaution and carrying capacity</p> Signup and view all the answers

    What was the main goal of the Biosphere 2 experiment?

    <p>To develop a self-sustaining artificial ecosystem</p> Signup and view all the answers

    What was the outcome of the Biosphere 2 experiment?

    <p>The scientists were evacuated after a few months due to falling oxygen and rising CO2 levels</p> Signup and view all the answers

    What was the estimated cost of the Biosphere 2 project per person per year?

    <p>$9,000,000</p> Signup and view all the answers

    What is the implication of the Biosphere 2 experiment for the larger goal of sustaining 7 billion people?

    <p>It highlights the difficulties of scaling up to support a large population</p> Signup and view all the answers

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