Climate Change and Management Flashcards

1
Q

according to sleepwalking into catastrophe, companies need to consider cc as a _____ issue

A

moral

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2
Q

companies are reluctant to start due to high starting prices. these include

A

low impact materials, tech, renewable energy

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3
Q

why can cc be considered as a moral issue

A

how can life go on as normal if the world is sturggling, people are being forced out of their homes due to natural disasters

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4
Q

example of images that trigger guilt/concern and encourage more ethical decision making

A

orangutan in the bedroom

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5
Q

what type of decision making is usually used in business, making moral decision making less frequent

A

rational decision making eg forecasting

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6
Q

the highly complex discourse that scientists use when talking about cc encourages businesses to belive

A

that cc should be kept to the experst to solve

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7
Q

how is vividness/ availability affecting adaptation strategies

A

as the effects of cc are not clearly visable in everyoones lives, they may not think its a problem to them
ITS SO VISABLE THAT ITS INVISABLE

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8
Q

what do people do because they are scared to change

A

overemphasise the risks associated with change

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9
Q

how are people over optimistic about cc

A

we overestimate our ability to deal with probelms and rely on the ability of tech to solve the problem

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10
Q

how does time frame create biases here

A

the cause and effect of actions are far apart. eg a company makes sacrifices now to be compensated with uncertain benefits far into the future(delayed gratification)

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11
Q

how can cc be seen as a social behaviour problem

A

we need climate friednly ways to become the default/second nature

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12
Q

what fundamentals of management does cc challenge

A

the foundations that management was built on eg consumption and production, profits

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13
Q

what does anthropogenic mean

A

caused by humans

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14
Q

when did the term sustainable development come about

A

1980s

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15
Q

what does iPCC stand for

A

intergovernmental panel on climate change

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16
Q

what is the function of snow and ice in preventing global warming

A

snow and ice reflect sun rays back into space

17
Q

how many of worlds largest cities are located wthin 200k of the coast

A

2/3

18
Q

how can cc cause political and security risk``

A

rising food prices due to scarcity result in violence and conflict

19
Q

what is assymetroc uncertainty in relation to cc

A

the best and worst case scenario aren’t equally known

20
Q

what is discounting (strategic cog)

A

given two similar rewards, people show preferences for the one that arrives sooner rather than later

21
Q

who came up with the term green and competitive

A

michael porter 1990s

22
Q

what is greenwashing

A

exaggerate enviornmental friendliness to win over customers

23
Q

some examples of greenwashing

A

only one aspect being enviornmentally friendly, that’s what emphasised eg H&M clean cotten, also use sweatshops

vagueness and fluffy language

irrelevance eg uses no CFCs, but theyre banned by law

spending more money on ads that say how sustainable they are rather than actually becoming sustainable

green labels, leaves, trees

24
Q

what is mitigation

A

reducing effects of cc eg using renewable energy

25
Q

what is adaption

A

dealing with consequences of cc eg disaster management

26
Q

loss of biodiversity includes loss of non human workers example

A

bees, pollination

27
Q

how many planets would be needed for everyone in to have the same living standard as the us

A

2-3 planets

28
Q

instead of aiming for growth we should aim for

A

stability

29
Q

managers who overlook opportunities to improve and profit from cc can consider themselves as havinf

A

a market failure

30
Q

example of hyperbolic discounting in business

A

investing into projects that have positive rewards right now rather than later