1 5 Managing for sustainability

Question 0

Green

Answer 0

Environmentally friendly business practices, such as conservation of water and energy, are commonly referred to as green business practices.
Also a political ideology which doesn’t care about profitability

Question 1

Sustainability

Answer 1

Refers to the ability of a company or organization to meet the needs of the present without exhausting natural resources or damaging the environment, thus compromising the ability of future generations to meet their needs

Question 2

greenhouse gases

Answer 2

Carbon dioxide, methane, nitrous oxide

Question 3

renewable resources

Answer 3

natural resources that ate placed by natural processes at a rate comparable to or faster than their rate of consumption.

Question 4

perpetual resources

Answer 4

solar radiation, tides, winds

Question 5

greenhouse gases

Answer 5

can be measured by units of carbon dioxide and is referred as carbon footprint

Question 6

Whyanage with the environment in mind?

Answer 6

Legal compliance, Cost effectiveness, competitive advantage, public opinion,long term thinking ( exonomic arguments, the tragedy of the commons, international perspectives)

Question 7

carrying capacity

Answer 7

The ability of a finite resource to sustain a population

Question 8

tragedy of the commons

Answer 8

The environmental destruction that results as individuals and businesses consume finite resources “the commons” to serve their short term interests without regard for the long term consecuences.

Question 9

environmental movement

Answer 9

An environmental philosophy postulating that the unintended negative effect of human activities on the environment are often greater than the benefits, and that nature should be preserved.

Question 10

green

Answer 10

A cutting edge company with respect to environmental concerns legal compliance is not enough

Question 11

systems thinking

Answer 11

Systems thinking environmental considerations that relate to an organization’s inputs, processes and outputs.

Question 12

What can managers do?

Answer 12

Systems thinking, strategic integration, Implementation ( strategy, public affairs, legal area, operations, marketing area, accounting, finance,)

Question 13

Opportunities for making your business sustainable

Answer 13

Air quality, building construction and renovations, energy, paper, purchasing, transportation + accomodations, waste management,water quality, water use

Question 14

us environmental laws

Answer 14

clean water act, clean air act, cercla (superfund: comprehensive environmental response, compensation, and liability act), community response and right to know act, federal hazardous substances act, hazardous materials transportation act, resource conservation and recovery act, surface mining control and teclamation act, toxic substances control act

Question 15

Iso 14000

Answer 15

framework for a strategic approach to an org environmental policies, plans and actions. Org develops a environmental management system

Question 16

Sustainability strategic integration

Answer 16

1 develop a mission and values
2 Gain support from top management
3 Involve employees at all levels
4 Establish a framework for managing env initiatives
5 Engage in green process and product design
6 Establish env focused stakeholder relationships
7 Provide internal and external education

Question 17

Implementing sustainability

Strategy

Answer 17

1 Cut back on env unsafe business
2 carry out R&D on env safe activities
3 Develop and expand env cleanup services
4 Compensate for env risky projects
5 Make company accountable to others
6 Make every new product env better than last time
7 Invest in green business

Question 18

Implementing sustainability

public affairs

Answer 18

1 Gain env legitimacy and credibility
2 Avoid losses by insensitivity to env issues
3 Collaborate with environmentalists

Question 19

Implementing sustainability

Legal area

Answer 19

1 Avoid confrontation with gov pollution control agencies
2 Comply early
3 Take advantage of innovative compliance programs
4 Don’t deal with fly by night subcontractor for waste disposals

Question 20

Implementing sustainability

Operations

Answer 20

1 promote new manufacturing technologies
2 Practice reverse logistics
3 Use tech advances that reduce pollution from products and manuf processes
4 new product formulations
5 eliminate manuf waste
6 find alternative uses for waste 
7 suppliers with strong env perf
8 Env friendly assembly

Question 21

Implementing sustainability

Marketing

Answer 21

1 cast prod in env friendly light
2 aoid attacks by environmentalists fir unsubstantiated or innapropiate claims
3 diff products by env services
4 take advantage of net. ex the ecomall

Question 22

Implementing sustainability

accounting

Answer 22

1 collect useful data
2 make polluters pay
3 demonstrate env programs pay off
use advance waste accounting system
5 adopt full cost accounting , shows full env cost
6 show overall impact of pollution reduction program

Question 23

Implementing sustainability

finance

Answer 23

1 gain respect from responsible investment community
2 recognize true liability
3 Fund and then assist green companies
4 Recognize finanxial opportunities