Test Bank for Karakowsky and Guriel, The Context of Business. Questions and Answers

1) The triple bottom line approach is an accounting framework to measure an
organization's economic, social equity and environmental performance.
a. True
b. False

Answer: a

2) Sustainability is mainly focused on current generations.
a. True
b. False

Answer: b

3) Greenhouse gas emissions can be reduced by using wind power, geothermal power and
coal-based forms of energy.
a. True
b. False

Answer: b

4) A limit of the TBL approach is that it requires too many specialists in different fields
(eg. engineering, accounting, environmentalists, etc)
a. True
b. False

Answer: b

5) A measurement of biological diversity would best be measured by the Living Planet
Index.
a. True
b. False

Answer: a

6) A measurement of a society's economic and social well-being can be measured by the
Living Planet Index.
a. True
b. False

Answer: b

7) An ecosystem involves animals, bodies of water and tress but excludes people.
a. True


Test Bank for Karakowsky and Guriel, The Context of Business, 1e
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