Sustainable Business Practices Quiz

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LuxuriousCopper
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18 Questions

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 ______

stewardship

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

targets

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

environment

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

Making

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 ______

performance

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 ______

targets

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

protection

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

livelihood

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

performance

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. ā€”----------------------------E N Dā€”------------------------- - 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.

Sustainability

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.

environmental

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.

risk

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.

risk

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.

community

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.

community

Test your knowledge on sustainable business practices including approaches to securing support, treating employees fairly, being a good community member, and focusing on the environmental pillar for reducing carbon footprints and impact on the environment.

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