Sustainable Business Management: Chapter 1 Quiz
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Questions and Answers

What are the three domains of the Global Ethical Trilemma proposed in Sustainable Business Management?

  • Social, Political, Environmental
  • People, Planet, Profit (correct)
  • Cultural, Economic, Ecological
  • Economical, Industrial, Technological

    • In what decade did the first awareness arise that economic growth could not be unlimited?

  • 1970s (correct)
  • 1990s
  • 1960s
  • 1980s

    • What was the impact of technological revolution on production efficiency?

  • Limited mass-consumption accessibility
  • Increased consumption and resource use (correct)
  • Reduced production and resource use
  • Encouraged repairing instead of replacing

    • What is the window of opportunity for sustainable business development described as?

    <p>Practically implementable (A)</p> Signup and view all the answers

    What organization first raised awareness about the limitations of unlimited economic growth?

    <p>Club of Rome (C)</p> Signup and view all the answers

    What visible effects in the 21st century have contributed to increased awareness of the need for sustainable business management?

    <p>Increasing climate change and microplastics (B)</p> Signup and view all the answers

    According to Carroll's Pyramid, what is the basic responsibility of all businesses?

    <p>To create goods and services that society wants (C)</p> Signup and view all the answers

    What is the main idea behind Red-Green Planetarism in sustainable business management?

    <p>Economic growth is seen as counterproductive (C)</p> Signup and view all the answers

    What does Kuznet’s curve refer to in the context of sustainable business management?

    <p>Resources for 'green behaviour' are only available when basic needs are filled (B)</p> Signup and view all the answers

    What is the main concern regarding planetary boundaries?

    <p>We will use '3 earths' per year by 2050 in terms of resources and waste disposal (D)</p> Signup and view all the answers

    What is the core aspect of Global-Social Democracy in sustainable business management?

    <p>Improving the global common good (C)</p> Signup and view all the answers

    What does Sustainable Business Management Global-Social Democracy aim to achieve?

    <p>'Improve the global common good' (C)</p> Signup and view all the answers

    What is the key focus of Eco-Efficient Capitalism in sustainable business management?

    <p>'Creating a greener environment' (B)</p> Signup and view all the answers

    Which approach addresses both the ecological and social aspect of sustainability?

    <p>'Avoid depletion of resources' and 'Ensure basic life quality for every individual' (D)</p> Signup and view all the answers

    What does Corporate Governance focus on in sustainable business management?

    <p>'Ensuring legal compliance within boundaries of the law' (D)</p> Signup and view all the answers

    What is the primary purpose of Carroll’s Pyramid in sustainable business management?

    <p>To create expectations that society has of business including Economic, Legal, Ethical, and Discretionary/Philantropic responsibilities (C)</p> Signup and view all the answers

    What is the focus of Philantropic Responsibility according to Carroll’s Pyramid?

    <p>Engaging employees in volunteering (C)</p> Signup and view all the answers

    What is the main concern addressed by Environmental Awareness in sustainable business management?

    <p>Planetary boundaries being close to overstepped (C)</p> Signup and view all the answers

    What is the focus of the Triple Bottom Line in sustainable business management?

    <p>Balancing economic prosperity with social and environmental sustainability (D)</p> Signup and view all the answers

    What was the impact of the technological revolution on production efficiency in the 80's and 90's?

    <p>Enhanced efficiency leading to increased production and resource consumption (C)</p> Signup and view all the answers

    What is the primary concern addressed by the Global Ethical Trilemma in sustainable business management?

    <p>Balancing economic growth with ecological preservation (A)</p> Signup and view all the answers

    Which organization first raised awareness about the limitations of unlimited economic growth?

    <p>The Club of Rome (B)</p> Signup and view all the answers

    What is the core focus of Eco-Efficient Capitalism in sustainable business management?

    <p>Achieving a balance between economic growth and environmental conservation (B)</p> Signup and view all the answers

    What does the term 'the window of opportunity for the future' refer to in sustainable business development?

    <p>The potential for future sustainable business practices (D)</p> Signup and view all the answers

    What is the main objective of Sustainable Business Management Global-Social Democracy?

    <p>Balancing economic growth with social equality (A)</p> Signup and view all the answers

    What visible effects in the 21st century have contributed to increased awareness of the need for sustainable business management?

    <p>Climate change, microplastics, and rising social problems (D)</p> Signup and view all the answers

    What is the primary concern addressed by Environmental Awareness in sustainable business management?

    <p>'The Tragedy of the Commons' scenario (B)</p> Signup and view all the answers

    What is the main concern regarding planetary boundaries in sustainable business management?

    <p>Striking a balance between economic development and planetary limitations (D)</p> Signup and view all the answers

    What is the main idea behind Red-Green Planetarism in sustainable business management?

    <p>Balancing ecological preservation with global economic development (B)</p> Signup and view all the answers

    What does Corporate Governance focus on in sustainable business management?

    <p>Establishing ethical standards and accountability within organizations (B)</p> Signup and view all the answers

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