quiz 3 business ethics

What is sustainability?

Balancing economic, environmental, and ethical responsibilities.

What is the triple bottom line?

Measuring success through economic, environmental, and ethical performance.

What did the Industrial Revolution cause environmentally?

Rapid environmental degradation.

What was the Romantic Movement?

A reaction that viewed nature as pure and valuable.

What defines the sustainability revolution?

Shift toward sustainable business due to environmental crises.

What does Kantian ethics say about the environment?

Businesses have a duty not to harm the planet.

What does utilitarianism say about sustainability?

Protecting the environment creates the greatest good.

Why do businesses care about the environment?

Human survival depends on ecosystems.

What is Bentham’s key idea?

Ability to suffer determines moral consideration.

What is the market approach?

Using economic solutions for environmental problems.

What is a market failure?

When markets fail to account for social/environmental costs.

What did the Clean Air Act do?

Regulated pollution and protected air quality.

What is CAFE?

Fuel efficiency standards for vehicles.

Why is regulation limited?

Business influence and incorrect assumptions about growth.

What is sustainable development?

Meeting current needs without harming future generations.

What is eco-efficiency?

Reducing resource use in production.

What is closed-loop production?

Reusing waste in production.

What is cradle-to-cradle?

Full lifecycle responsibility for products.

What is greenwashing?

Misleading environmental claims.

What are reverse channels?

Taking back products after use.