Set of flashcards Business Ethics

Flashcards	8
Language	English
Category	Religion/Ethics
Level	University
Created / Updated	30.12.2021 / 03.12.2024
Weblink	https://card2brain.ch/box/20211230_business_ethics_sustainability
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Which Statements are true?

Sustainability is an element of social responsibility, as it aims at maximizing positive and minimizing negative impacts on stakeholders

Sustainability is the potential for long-term well-being of the natural environment, as well as mitually beneficial interactions among nature and indoviduals. Social aspects do not play a role in the concept of sustainability.

Sustainable business practices always create competitive advantage

Industries traditionally considered high in pollution, such as the oil and gas industry, usually are not investing in sustainble products

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Sustainability is an element of social responsibility, as it aims at maximizing positive and minimizing negative impacts on stakeholders

Sustainability is the potential for long-term well-being of the natural environment, as well as mitually beneficial interactions among nature and indoviduals. Social aspects do not play a role in the concept of sustainability.

Sustainable business practices always create competitive advantage

Industries traditionally considered high in pollution, such as the oil and gas industry, usually are not investing in sustainble products

The UN Sustainable Development Gaols all deal with the technological, economic and social aspects of alternatives energies.

True

Falshe

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True

Falshe

To report sustainability issues, business use more and more..

… the triple bottom line

… environmental, sociald and governance factors (ESG)

… ISO 14000

… green marketing

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… the triple bottom line

… environmental, sociald and governance factors (ESG)

… ISO 14000

… green marketing

Is this statement true or false?

" Despite the widespread use, the term sustainability has been utilized and interpreted in substantially different ways. Sustainability for some is largely synonymous with environmental sustainability, whereas antoher concept does not only include environmental issues, but also economic and social considerations.

True

False

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True

False

Business Ethics - Sustainability

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