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bus 201 exam Questions With Complete Solutions
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  • Course
  • Bus 201
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  • Simon Fraser University (SFU )

Sustainability correct answer: meeting the needs of the present without compromising the ability of future generations to meet their own needs Triple Bottom Line correct answer: considering business from economic, environmental and social perspectives and measures business performances enli...

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  • July 6, 2023
  • 9
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

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  • bus 201 exam questions with complete solutions

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  • Simon Fraser University (SFU )
  • bus 201
  • Bus 201
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bus 201 exam Questions With
Complete Solutions
Sustainability correct answer: meeting the needs of the present
without compromising the ability of future generations to meet
their own needs

Triple Bottom Line correct answer: considering business from
economic, environmental and social perspectives and measures
business performances

enlightened self interest correct answer: the realization that by
helping others we are really helping ourselves in the end

private market transaction correct answer: a loan that only
involves the two parties

external costs correct answer: how what you could do could
affect and create an effect and create an effect the society,
environment, others individually in my opinion

Three of the major barriers that impede decisive corporate action
correct answer: -a lack of understanding what sustainability is
-what it means to an enterprise
- difficulty modeling the business case for sustainability and
flaws in execution

green washing correct answer: an insincere engagement in
sustainable business practices

, closed system correct answer: does not interact with its
environment therefore it is less likely to atrophy

open system correct answer: receives info which it uses to
interact dynamically with its environment

Corporate Social Responsibility correct answer: view or
stakeholder management and the model of global corporate
citizenship

Stakeholders correct answer: engagement is a formal process of
relationship management through which companies get equity in
a company

Corporate Citizenship correct answer: involves corporate
management focusing on net contribution that a company makes
through its core business activities, its social investment and
philantropy

symbiotic relationship correct answer: companies can do both
when for the environment and. make a profit

global WARMING IS correct answer: simple serious solvable

motivations for sustainable business practices correct answer: -
reduction of energy and materials use and waste and associated
costs
-lowering of legal risks and insurance
-improve company image and reputation
-enhance investor interest

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