Prep Guide Questions Flashcards
China is
the greenest country in the world
the air quality in many places in china is so bad that solar energy production is reduced from
11 to 15%
china continues to
build coal-fired electricity-generation plants
Yvon Choudinard describes Patagonia as
an experiment to challenge conventional wisdom and present a new style of responsible business
When Yvon and Malinda Chouinard founded Patagonia in 1972, they wanted to do business
on their terms which included
making products of high quality manufactured in the most responsible way and allowing employees enough flexibility to enjoy the outdoors or be at home when their
children became ill
In the 1980s, patagonia’s catalog attracted many because
included photos of majestic nature scenery as the backdrop to outdoor acitivites and city workers craved challenges in the wild
with regards to philanthropy, patagonia has helped found
the 1% for planet and the Conservation Alliance in 1989
an important contributor to patagonias financial setback in 1991 was
growing too fast
the footprint chronicles manifests patagonia’s spirit of total disclosure. The firm has found that it benefits in pursuing transparency because
when a firm shares, it learns and employees commit to the values of the firm
Conservation is embraced by
REI and teddy Roosevelt
When a shared resource is degraded or consumed for short term gain by those sharing the resource, rather than the managing the resource for long-term benefit of all
a commons dilemma occurs
grazing lands are an example of
common goods
movie theaters and satellite television are examples of
club goods
national defense is an example of
public goods
with regards to greenhouse emissions from 1990 to 2017, emissions from Sweden have
decreased
one way the US government is pursuing public-sector entrepreneurship is through
demonstrating the viability of the carbon capture and storage
food, clothes, autos, and ipads are examples of
private goods
movie theaters, private parks, satellite TV are examples of
club goods
grazing lands, forests, irrigation waters, fisheries are examples of
common goods
Aire, broadcast TV, national defense are examples of
public goods
Patagonia’s most significant accomplishment to date might be
winning over business leaders of firms that will never join 1% for the Planet to recognize that
industry and ecology are inherently connected
In it’s pursuit of sustainability, Wal-Mart’s leaders
saw any waste as meaning a process could be made more efficient, pressed suppliers to pursue SBPs and pushed on developing the “index” that would present sustainability ratings on products in its stores
When Neiman Enterprises, Inc. of Hulett, Wyoming decided to pursue sustainability
certification, the leader of the firm decided to
take 10 years for the process of gaining such certification
Yvon Choidinard readily identified himself as a businessman in his book let my people go surfing
False
patagonia has never been able to donate more than 1% of its profits to environmental groups
false
Patagonia’s founder Yvon Chouinard
reflected on his experience in business to date and concluded that he should focus more tightly
on earning profits with his firm and allow others to do the environmental work that he loved to
do.
false
Peer companies for Patagonia include firms like Clif Bar and New Belgium
Brewing Company that are part of the more than 1,200 member-firms of One Percent for the
Planet.
true
After opening a store in Boston, workers complained of headaches. After
investigating, Patagonia discovered that the ventilation system in the building was to blame
false
After becoming broadly transparent about the manufacturing and sourcing of
its products, Patagonia received universal applause instead of being “filleted” by critics
true
The Kyoto Protocol, signed by 192 countries in 1997, did not set binding
limits for developed countries to reduce their greenhouse gas emissions
false
in june 2017, Trump announced the US would withdraw from the agreement in Nove,ber 2020
true
The US Supreme Court ruled against Massachusetts when it sued the US
government’s Environmental Protection Agency for not regulating carbon emissions
false
According to Yvon Chouinard, if Wal-Mart does 1 % of what it says it will
8
do regarding sustainable business practices, it will be incredible
false
The carbon footprint concept has been the most important development in
recent years for the environmental movement.
true
A standardized approach still needs to be refined for measuring a product’s
carbon footprint
true
in 2005, Walmarts CEO changed course and said it would pursue and ____________ orientation
environmental
By 2009, Walmart’s CEO had appeared twice before congress asking for limits on ________________ gas ________________
greenhouse emissions
____________________ is a foundational concept of environmental stewardship, which is embraced by companies like REI
conservation
today, _____________ of the atmosphere’s ability to regulate our climate is emerging as an important issue
conservation
National governments continue to debate what can be done while the provincial government
of ____________ ____________has enacted a carbon tax in order to reduce greenhouse gas
emissions that are harmful of the atmosphere
British Columbia
Despite the challenges Wal-Mart has encountered in developing The Index, a non-profit
GoodGuide appears to be making inroads on offering credible ____________ ratings for
products on three dimensions: 1) health, 2) the environment, and 3) society (labor and human
rights)
sustainability
For every _______ a car drives, it emits about one pound of carbon dioxide
mile
The average ___________ in the US is responsible for the emission of 118 pounds of
carbon dioxide each day
person
Wal-Mart announced its plans to develop a worldwide sustainable product _______ that
would establish a single source of data for evaluating the sustainability of its products
index
Despite early skepticism that Wal-Mart’s interest in sustainable business practices was just a
passing fad or ____________ (deceptively performing some green activities in order to continue
with environmentally harmful business practices), Wal-Mart continued to focus on integrating
sustainable business practices into its operations.
greenwashing
To bring firms to a common approach for measuring the ________ __________of their
products, the International Standards Organization (ISO) issued guidance in ISO 14064-1 in
Spring 2006, companies around the world are using it and the related GHG (greenhouse gas)
Protocol to calculate emissions consistently
carbon footprints
Neiman Enterprises, a forest-products company based in Northeast Wyoming, took 10 years to
obtain certification from the Sustainable Forest Institute because Neiman wanted his employees to
understand the value of adopting ___________ ____________ _____________rather than have
them imposed upon them by his decision. operations
sustainable business practices
Controversy continues to haunt the forest products industry. Currently, there are _____
certifications for sustainable forestry
two
Jim Neiman’s story illustrates some of the complexity and controversy that comes with
working in an industry so deeply involved with the environment. Integrating _________
___________ ____________ into his firm took time and still requires hundreds of thousands of
dollars each year to maintain. Neiman consults regularly with foresters, and serves on four land-
use planning boards at the local, Black Hills, regional and national levels
SBPs
In 1830s 90% of the money took the form of
cash
the primary reason cities such as New York, Paris and London have adopted bike-sharing
programs is to
reduce traffic congestion
blockchain is
a distributed ledger system for use on the internet
bitcoins are issued according to a predictable schedule on average every
10 minutes
Mia Birk…
was an admitted “couch potato” and began bicycle commuting after moving to Washington,
DC to pursue a masters’ degree
During her time as Portland’s bike program manager, Mia Birk had to do each of the
following EXCEPT
spend her own money to fund promotional spots for bicycle awareness on local television
programming
spend her own money to fund promotional spots for bicycle awareness on local television
programming
relieves congestion, reduces air pollution, and reduces obesity for individuals
Each of the following is a stage of entrepreneurship EXCEPT
converting
(1. searching, 2. planning 3. Marshaling, 4. Implementing
Mia Birk’s story illustrates important aspects of taking an entrepreneurial orientation for each
of the following reasons EXCEPT
she funded her own start-up organization to promote bicycle awareness
When the entrepreneur grows and sustains the business past its infancy, the entrepreneur
would be in the
implementing phase
When the entrepreneur converts an idea into a workable business plan, the entrepreneur
would be in the
planning phase
Consumers have begun to notice changes in business ops at
NASCAR, McDonalds, Tom’s
in research of consumers’ perceptions of product ethicality, in categories such as shampoo,
tires, and liquid hand-sanitizer
sustainability is a liability for product choice when strength is especially valued
Benefits from using Nature’s principles for businesses include each of the following
EXCEPT
pursuing sustainability results in using materials that will be regulated in the future
Consumer attitudes have been changing toward the environment and communities because
of
the idea of endless growth being re-thought after the 2008 Economic Crisis, new media programming that is environmentally-oriented, new protocols for how to better the environment and communities that have been issued by
NGOs
NGO protocols that offer guidance on how to better the natural environment and
communities include each of the following EXCEPT
Planet Green
The first stage on the pathway to integrating sustainable business practices is
compliance with the law
Clean Tech means refers to any product, service, or process that delivers its value by
using limited or zero non-renewable resources and creating much less waste than conventional offerings
Each of the following are market imperfections that offer sustainable entrepreneurs the
chance to create profit-making solutions EXCEPT
the failure of the green commodity discourse
In the text, the example of an entrepreneurial venture addressing an externality was
floating islands
In the text, the example of an entrepreneurial venture addressing a flawed pricing
mechanism was
TerraPass and Carbon offsets
Mia Birk is one of the most high-profile leaders of the bicycle and pedestrian
movement as President and Co-Owner of Alta Planning + Design based in Portland, Oregon.
True
Mia Birk’s first job out of grad school was researching international
transportation issues. She studied growing Asian and Latin American cities where massive
investment was poured into road building. The results of such investment included thick
congestion, horrific air quality, as well as health and safety problems.
true
Once Mia Birk moved to Portland, Oregon she discovered that federal
legislation had been passed that included funding for bike trails, bike lanes and sidewalks.
false
New York’s bike-sharing program predates such programs in London and
Paris
false
Although it has made substantial gains in becoming bicycle friendly, Portland
has never been able to actually top the list of Bicycling magazine’s “America’s Top 50 Bike-
Friendly Cities”
false
Entrepreneurs are those who provide a new product or service. Entrepreneurs
are also those who develop and use new ways to produce or deliver existing goods and services
at lower cost
true
