BUSI 3250 Exam 2 (Modules 4-6) Answered

Early business sustainability efforts looked beyond their own operations and focused on the external aspects of conservation and environmental regulation - ANSWER-False The stakeholder model for environmentally sustainable business has failed because we don't have an accounting system to measure the present costs of environmental irresponsibility - ANSWER-False Wind power is an example of a renewable energy source - ANSWER-true "Petroleum man" faces inevitable extinction, as we currently understand resources - ANSWER-True Biomass is a category of renewable energy fuels based on their heavy weight - ANSWER-False Geothermal power is derived from mirrors or sensors used to collect sunlight - ANSWER-false When considering the limits associated with sustainability, a company should address - ANSWER-that environmental resources are exhaustible The three characteristics of evolving sustainable business practices are - ANSWER-limits, interdependence, and equity The stakeholder model requires businesses to think about - ANSWER-the network of tensions caused by competing demands Tropical rain forests are - ANSWER-a barrier to economic development Recently, many governments, including the U.S. government, have contracted out certain services to private companies. - ANSWER-true The British prime minister, David Cameron, led the privatization movement. - ANSWER-false Terrorists avoid kidnapping because the repercussions can be harmful to their movement. - ANSWER-false The national defense argument for trade restrictions is based on the development level of the country - ANSWER-false