Multiple Choice Questions on Business Ethics
Multiple Choice Questions on Business Ethics
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Question 1
The three goals of sustainable development that include economic, environmental, and ethical sustainability are referred to as the:
Answer
tripartite goals. | ||
three pillars of sustainability. | ||
three pronged charter. | ||
shoulders of sustainability. |
8 points
Question 2
Which of the following is true of the sustainability model in terms of environmental responsibilities?
Answer
Sustainability need not be a long-term strategy. | ||
The huge unmet market potential among the world’s developing economies can only be met in sustainable ways. | ||
Sustainable practices lead to reduced cost savings. | ||
The firms that follow sustainable practices lose competitive advantage. |
8 points
Question 3
Which of the following explains the statement “All resources are fungible?”
Answer
It means that all resources can be regulated by the government. | ||
It means that all resources can be replaced by substitutes. | ||
It means that all resources cannot be duplicated. | ||
It means that all resources cannot be recycled and reused. |
8 points
Question 4
Reminiscent of the __________ tradition, it is suggested that some animals have the cognitive capacity to possess a conscious life of their own, and people have a duty not to treat these animals as mere objects and means to their own ends.
Answer
Kantian | ||
virtue ethic | ||
neoclassical | ||
social web |
8 points
Question 5
Knowing what the future must be, creative businesses then look backwards and determine what must be done to arrive at that future. This process is known as:
Answer
backward integration. | ||
forecasting. | ||
forward integration. | ||
backcasting. |
8 points
Question 6
Explain how business understands the opportunities available in the age of sustainability.
Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.