Sustainable Business Practices Quiz
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Questions and Answers

Nike is highlighted for its ______ in sustainable business practices

innovation

PepsiCo focuses on ______ engagement as part of its sustainability strategy

stakeholder

General Electric integrates sustainability into its culture through ______ engagement

employee

Coca-Cola has improved water efficiency by 20% through water ______

<p>stewardship</p> Signup and view all the answers

Ford Motor Company works with suppliers on greenhouse gas emission reduction targets and energy efficiency ______

<p>targets</p> Signup and view all the answers

To become sustainable, businesses should focus on reducing carbon footprints, packaging waste, water usage, and overall undesirable impact on the ______

<p>environment</p> Signup and view all the answers

The company has integrated sustainable design across its product portfolio and created the ______ app in 2013

<p>Making</p> Signup and view all the answers

The water technology company established a sustainability steering committee and an enterprise risk committee to identify senior executives who will be held accountable for sustainability ______

<p>performance</p> Signup and view all the answers

Exelon introduced an innovative long-term performance share scheme that rewards executives for meeting non-financial performance goals such as safety targets and greenhouse gas emissions reduction ______

<p>targets</p> Signup and view all the answers

Pacific Gas & Electric Company has established an environmental policy that focuses on habitat and species ______

<p>protection</p> Signup and view all the answers

Starbucks has partnered with local communities by introducing the concept of sustainable farming that aims to provide ______ for the people

<p>livelihood</p> Signup and view all the answers

Xylem established committees to identify senior executives who will be held accountable for sustainability ______

<p>performance</p> Signup and view all the answers

The organization must implement strategies through company programs, budgets, and procedures. 8. Evaluate implemented strategies. The organization must monitor the implemented strategies through feedback systems and control of activities that ensures minimum deviation from original plans. —----------------------------E N D—------------------------- - Logical incrementalism. This can be viewed as a synthesis of the planning, adaptive, and, to a ______ Definition and the Triple Bottom Line (TBL) of Sustainability.

<p>Sustainability</p> Signup and view all the answers

Sustainability involves business practices that satisfy the needs of the present without compromising the ability of the future generation to meet their own needs. It involves management of a company's profit or loss, social responsibility, and ______ responsibility.

<p>environmental</p> Signup and view all the answers

Beattie (2017) described the 'Triple Bottom Line' (TBL) or the three (3) pillars of sustainability as follows: 1. The Economic Pillar. This ensures economic efficiency and income for businesses. In order to become sustainable, a business must be profitable. This pillar of sustainability includes business activities such as compliance, proper governance, and ______ management.

<p>risk</p> Signup and view all the answers

The Economic Pillar ensures economic efficiency and income for businesses. In order to become sustainable, a business must be profitable. This pillar of sustainability includes business activities such as compliance, proper governance, and ______ management.

<p>risk</p> Signup and view all the answers

The Social Pillar ensures the quality of life, safety, and services for citizens. In order to become sustainable, a business should have the support and approval of its employees, stakeholders, and the ______ where it operates.

<p>community</p> Signup and view all the answers

The Social Pillar ensures the quality of life, safety, and services for citizens. In order to become sustainable, a business should have the support and approval of its employees, stakeholders, and the ______ where it operates.

<p>community</p> Signup and view all the answers

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