Unit 11 - International & Environmental Business Issues

Question 1

This is traditional moral view, upheld by Baxter, in which animals and nature only have value in reference to people.

Answer 1

Anthropocentrism

Question 2

__________ insists that all living beings have value and are ends in themselves.

Answer 2

Biocentrism

Question 3

Forests are to be _______ and scientifically managed so they can be used wisely by people. They are a resource having an instrumental value.

Answer 3

Conserved

Question 4

____________ is a kind of economic adaptation of utilitarian theory to public policy issues. It is based on the premise that everything of value can be quantified in terms of market value or willingness to pay.

Answer 4

Cost-benefit analysis

Question 5

_______ gives weight to the interests not only of animals but of natural ecosystems.

Answer 5

Deep ecology

Question 6

The _________ philosophy sees a spiritual and aesthetic value of wilderness. It upholds the inherent worth of other living things.

Answer 6

Preservation

Question 7

Unowned (and not easily divided) air and water leads to a _____________. This takes its name from the common lands that formerly everyone could graze their sheep on, which tragically tended to be over-grazed. What nobody owns, and everyone can use, inevitably tends to be abused.

Answer 7

Tragedy of the Commons