Chapter 10 SOCIAL RESPONSIBILITY AND ETHICS IN MANAGEMENT

Emission fees are accurately characterized by which statement(s)?

All of these answers are correct: Each business is charged for the undesirable pollution that it emits. Companies emitting more pollutants end up paying more pollution taxes. Revenues from emission fees can be used to support environmental efforts.

Sustainability leaders have found that the most effective environmental management approach involves:

A team of line managers from across the business organization.

Which of the following statements is not true with respect to acid rain?

Acid rain occurs when carbon dioxide combines with water vapor in the atmosphere.

Air pollution is accurately described by which of the following?

Air pollution occurs when more pollutants are emitted into the atmosphere than can be safely absorbed and diluted by natural processes.

In the United States, the federal government regulates which of the following major areas of environmental protection?

All of these answers are correct: Air pollution. Water pollution. Solid and hazardous waste.

Environmental regulations stimulate some sectors of the economy by:

All of these answers are correct: Creating jobs in industries like environmental consulting, asbestos abatement, and instrument manufacturing. Saving jobs in industries like fishing and tourism when natural areas are protected or restored. Compelling businesses to become more efficient by conserving energy.

The role of chief sustainability officer is described by which statement(s)

All of these answers are correct: Typically reports to the CEO. Supervises staff across functional areas. Requires strong interpersonal skills.

The Comprehensive Environmental Response Compensation and Liability Act (CERCLA) is accurately described by which statement(s)?

Both of these answers are correct: It established a fund supported primarily by a tax on the petroleum and chemical companies; and the funds collected are used to clean up sites where the original polluter cannot be identified.

Studies have shown that green marketing has been most successful at what level?

Brand.

General Electric's "Ecomagination" effort to invest in clean technology is an example of:

Clean technology.

Possible costs of environmental regulation include all of the following except:

Corporate restructuring.

Being able to continue their activities indefinitely, without altering the carrying capacity of the Earth's ecosystem, is a characteristic of:

Ecologically sustainable organizations.

When businesses form voluntary, collaborative partnerships with environmental organizations and regulators to achieve specific objectives this is called:

Environmental partnerships.

According to the discussion case, Hydraulic Fracturing—Can the Environmental Impacts Be Reduced?, the primary purpose of fracking is to:

Extract crude oil and gas.

The annual EPA report Toxics Release Inventory (TRI) is an example of which environmental policy type?

Information disclosure.

Which of the following is not true about water pollution?

It can be caused by biodegradable products.

The Toxic Substances Control Act is accurately described by which of the following?

It established a national policy to regulate, restrict, and, if necessary, ban toxic chemicals.

Ecologically sustainable organizations are accurately explained by which of these descriptions?

Making and transporting products using minimal energy.

The process of firms buying and selling the right to pollute is an example of which type of environmental regulation?

Market-based.

A firm in the pollution prevention stage of the corporate environmental responsibility model is best described by which statement?

Minimizing or eliminating waste before it is created.

Environmental justice is a movement to:

Prevent inequitable exposure to risk, such as from hazardous waste.

Which stage of corporate environmental responsibility focuses on the full life cycle of a product?

Product stewardship stage.

Every environmental regulation must be initially evaluated for its costs and benefits in a process called:

Regulatory impact analysis.

Which country has made the greatest progress in reducing its solid waste stream?

Sweden.

Under U.S. sentencing guidelines, how would firms facing environmental violations typically be treated if they had an active compliance program and fully cooperated with investigators?

Their sentence would likely be lighter.