Sustainable Business Practices
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Course Introduction
Sustainable Business Practices explores the strategies, frameworks, and operational changes organizations implement to balance profitability with social responsibility and environmental stewardship. The course examines the role of business in addressing global challenges such as climate change, resource depletion, and social inequalities, emphasizing sustainable supply chains, ethical sourcing, stakeholder engagement, and reporting standards. Through case studies and practical assignments, students develop skills to analyze sustainability issues, measure organizational impacts, and design initiatives that drive long-term value creation for both businesses and society.
Recommended Textbook
Business Government and Society 13th Edition by John
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F. Steiner
Page 2
Chapter 1: The Study of Business, Government, and Society
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Sample Questions
Q1) In which of the following models do business and government govern the great mass of people?
A) The countervailing forces model
B) The stakeholder model
C) The market capitalism model
D) The dominance model
Answer: D
Q2) In the _____ model,the _____ acts as a buffer between business and non-market forces.
A) stakeholder;market
B) countervailing forces;government
C) dominance;management
D) market capitalism;market
Answer: D
Q3) What is strategic management?
Answer: Strategic management refers to the actions taken by managers to adapt a company to changes in its market and sociopolitical environments.
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Chapter 2: The Dynamic Environment
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Sample Questions
Q1) Define the term "globalization."
Answer: Globalization occurs when networks of economic,political,social,military,scientific,or environmental interdependence grow to span worldwide distances.In the economic realm,globalization occurs when nations open themselves to foreign trade and investment,creating world markets for goods,services,and capital.
Q2) Which of the following is an internal business environment?
A) Culture
B) Shareholders
C) Economy
D) Government
Answer: B
Q3) Which of the following statements about historical forces is true?
A) It is of known origin.
B) It is divided into six separate but related forces.
C) It is a social force.
D) It causes a distinct chain of events.
Answer: D
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4
Chapter 3: Business Power
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Sample Questions
Q1) Constitutional support has no role in encouraging pluralism.
A)True
B)False
Answer: False
Q2) Which of the following is true about power?
A) Power is generally evenly distributed.
B) Most societies do not have mechanisms to control and channel it for benefit.
C) Multiple,competing formations of power never balance each other.
D) Although power is sometimes used to prevent change,such resistance is itself a force that alters history.
Answer: D
Q3) The laws of the United States have been shaped by the consequences of the industrial activities.
A)True
B)False
Answer: True
Q4) Activity in the environmental sphere is the primary force for change.
A)True
B)False
Answer: False
Page 5
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Chapter 4: Critics of Business
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Sample Questions
Q1) The call to pressure a company by not buying its products and services is known as a(n):
A) boycott.
B) injunction.
C) picketing.
D) economic sanction.
Q2) The popular theoretician of the rising American capitalist spirit was Adam Smith.
A)True
B)False
Q3) _____ is a classless social system in which property is collectively owned and income from labor is equally and indiscriminately divided among members.
A) Socialism
B) Capitalism
C) Anarchism
D) Fascism
Q4) What is just price?
Q5) Discuss the concept of socialism.Who is the originator of modern socialist doctrine? What were Karl Marx and Friedrich Engels' views on socialism?
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Chapter 5: Corporate Social Responsibility
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Sample Questions
Q1) No matter what the source of a code of conduct,the target is the corporation.
A)True
B)False
Q2) Soft law creates binding obligations for corporations.
A)True
B)False
Q3) Describe the development of the norms and principles in an evolving system of global corporate social responsibility (CSR).
Q4) The _____ divide projects into high,medium,and low social and environmental risk and compel borrowers to meet standards for ecological protection and to consult with native peoples.
A) Global Reporting Initiatives
B) FTSE4Good Global Indices
C) Equator Principles
D) Global Compact Societies
Q5) The application of one nation's laws within the borders of another nation is known as extraterritoriality.
A)True
B)False
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Chapter 6: Implementing Corporate Social Responsibility
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Sample Questions
Q1) In terms of a company's social report,the opposite of transparency is opacity.
A)True
B)False
Q2) When American Express Co.advertised that it would donate 3 cents per transaction to nonprofit anti-hunger groups over a two-month period for all charges against its credit card,it was an example of:
A) cause-related marketing.
B) checkbook philanthropy.
C) the triple bottom line.
D) a scenario.
Q3) Cause-related marketing is a variant of strategic philanthropy in which charitable contributions are based on purchases of a service.
A)True
B)False
Q4) A progressive business model is one in which the central strategy for creating value is based on meeting market demands.
A)True
B)False
Q5) What is checkbook philanthropy?
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Chapter 7: Business Ethics
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Sample Questions
Q1) A person hired by a corporation to oversee fulfillment of conditions in an agreement to avoid criminal indictment is called a:
A) gatekeeper.
B) mentor.
C) principal.
D) monitor.
Q2) Different countries have the same ethical values.
A)True
B)False
Q3) Explain what Thomas Donaldson and Thomas W.Dunfee meant by the concept of "moral free space."
Q4) Explain the basic ideas in the philosophy of utilitarianism.
Q5) A court awards punitive damages to a plaintiff only if malicious and willful misconduct by a company was established.
A)True
B)False
Q6) Executives are more often prosecuted than corporations,though harder to convict. A)True
B)False
Page 9
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Chapter 8: Making Ethical Decisions in Business
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Sample Questions
Q1) Define deontological ethics.
Q2) Which ethical principle asserts that right actions are found in the area between extreme behaviors-labeled as excess on the one hand and deficiency on the other?
A) The principle of equal freedom
B) The Doctrine of the Mean
C) The categorical imperative
D) The theory of justice
Q3) Compensatory justice requires inequitable compensation to victims.
A)True
B)False
Q4) Explain what is meant by the ends-means ethic in ethical decision-making and give a business example of the application of this concept.
Q5) A manager makes ethical decisions based on what he feels he can get away with given his power in the organization's hierarchy.He is using the principle of the: A) categorical imperative.
B) intuition ethic.
C) might-equals-right ethic.
D) disclosure rule.
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Chapter 9: Business in Politics
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Sample Questions
Q1) What is meant by a "Washington office"?
D.C. ,set up by a corporation and staffed with experts in advocating the firm's point of view to lawmakers and regulators.
Q2) Business involvement in politics can take the form of lobbying,in which business exercises influence by advocating positions to lawmakers and officials.
A)True
B)False
Q3) A governmental committee formed by a company that makes campaign contributions by getting money from individual employees,not the corporate treasury,is called a:
A) political action committee.
B) subcommittee.
C) progressive change committee.
D) joint committee.
Q4) Discuss the Bipartisan Campaign Reform Act of 2002 (BCRA).What are its three main provisions?
Q5) How did the political and business climate change after World War II?
Q6) Define lobbying.
Q7) What are the three main features of the U.S.Constitution?
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Chapter 10: Regulating Business
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Sample Questions
Q1) Industries such as the steel industry and big agricultural sectors such as cotton,peanuts,sugarcane,and tobacco benefit from protectionist rules and subsidies.This is an example of the government:
A) passing regulations to benefit special interests.
B) regulating socially desirable goods and services.
C) regulating socially desirable production methods.
D) passing resolution of national and global problems.
Q2) The Emergency Economic Stabilization Act prohibited federal regulators from exchanging funds for an ownership interest in banks.
A)True
B)False
Q3) A local electric company that,without government regulation,restricts output and raises price without fear of competition is a typical example of:
A) an oligopoly.
B) a natural monopoly.
C) pure competition.
D) monopolistic competition.
Q4) What is regulation? What is the first step in the creation of a new regulation?
Q5) Explain the process of rulemaking.
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Chapter 11: Multinational Corporations
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Sample Questions
Q1) The United Nations defines transnational corporations (TNCs)as:
A) doing business in the state in which they are incorporated.
B) doing business in the state of incorporation as well as neighboring states in the same country.
C) companies that have erased national allegiances and become itinerant firms that move investment and activity from nation to nation in search of profits.
D) parent firms that control the assets of affiliated entities in foreign countries including branches,subsidiaries,and joint ventures.
Q2) Corporations are formed under national incorporation laws.
A)True
B)False
Q3) This is a part of the tiers of internationalization.
A) Indirect investments
B) Establishment of foreign sales offices
C) Portfolio investment
D) Importing essential goods
Q4) What is portfolio investment? How is it different from FDI?
Q5) Discuss the negative economic and social effects of FDI.
Q6) Define bluewashing.
Page 13
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Chapter 12: Globalization, Trade, and Corruption
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Q1) A set of economic policies prescribed to correct flaws in a national economy is known as:
A) the Washington Consensus.
B) a structural adjustment program.
C) autarky.
D) liberalization.
Q2) NGOs are a major force in the ways that government and business operate.
A)True
B)False
Q3) Agreements reached under GATT were incorporated in the WTO.
A)True
B)False
Q4) This is based on trade and investment flows and restrictions;measures include trade as a percent of GDP,inflows of foreign direct investment as a percent of GDP,tariff rates,and import barriers.
A) Social globalization
B) Economic globalization
C) Democratic globalization
D) Alternative globalization
Q5) What is meant by a multilateral trade negotiation?
Page 14
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Chapter 13: Industrial Pollution and Environmental Regulation
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Sample Questions
Q1) Superfund refers to a federal program that was set up in 1980 to clean up toxic waste sites.
A)True
B)False
Q2) The maximum achievable control technology is a performance standard used by the Environmental Protection Agency to control emissions of hazardous air pollutants.
A)True
B)False
Q3) Define sustainable development.
Q4) _____ refer to six natural substances that in large quantities cause the degradation of air quality.
A) Point source effluents
B) Greenhouse gases
C) Criteria pollutants
D) Hazardous air pollutants
Q5) What has Congress done to curb land pollution?
Q6) Discuss greenhouse gases and their effects.What is the Kyoto Protocol?
Q7) What is an ecosystem?
Q8) Discuss the theory of dualism. Page 15
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Chapter 14: Managing Environmental Quality
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Q1) Unlike command regulation,environmental taxes allow polluters to forgo,change,or control production in any way that reduces compliance costs.
A)True
B)False
Q2) The Environmental Protection Agency uses the _____ dose-response rate model that assumes that there will be a proportionate decrease in cancers from large exposures to small ones.
A) linear
B) quantal
C) graded
D) indirect
Q3) _____ regulation gives polluters financial motives to control pollution while also giving them flexibility in how reductions are achieved.
A) Command-and-control
B) Market incentive
C) Cap-and-trade
D) Voluntary
Q4) Define environmental management system.What are its core elements?
Q5) Define threshold.
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Chapter 15: Consumerism
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Q1) What are the broad duties of the Federal Trade Commission (FTC)?
Q2) The _____ has oversight of deceptive marketing,but if the fraud involves a moving van the _____ takes jurisdiction.
A) Consumer Product Safety Commission;Federal Trade Commission
B) Consumer Product Safety Commission;Federal Motor Carrier Safety Administration
C) Federal Motor Carrier Safety Administration;Federal Trade Commission
D) Federal Trade Commission;Federal Motor Carrier Safety Administration
Q3) Which of the following acts made it illegal for an individual to sit on the board of directors of two or more corporations if the corporations compete in the same market(s)?
A) The Keating-Owen Act
B) The Robinson-Patman Act
C) The Clayton Act
D) The Sherman Antitrust Act
Q4) The Federal Trade Commission (FTC)has broad duties to:
A) ban the sale of products that expose consumers to unreasonable risks.
B) prohibit discrimination by lenders based on religion.
C) set safety standards for radiation-emitting products.
D) challenge mergers and acquisitions that reduce competition or innovation.
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Chapter 16: The Changing Workplace
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Sample Questions
Q1) The four fundamental standards to protect basic worker rights set forth in international labor conventions are known as _____ standards.
A) core labor
B) agency worker
C) fair labor
D) second New Deal
Q2) Workplace fatalities have declined after the creation of the:
A) National Labor Relations Board.
B) Occupational Safety and Health Administration.
C) Employment and Training Administration.
D) U.S.Chemical Safety and Hazard Investigation Board.
Q3) What is the difference between outsourcing and offshoring?
Q4) What changes did the Norris-LaGuardia Anti-Injunction Act bring?
Q5) The six environmental forces that create turbulence in the workplace are interconnected.
A)True
B)False
Q6) What is the worker protection scenario in Japan?
Q7) What is meant by the nenko curve?
Q8) Discuss the worker protection scenario in Germany.
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Chapter 17: Civil Rights, Women, and Diversity
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Sample Questions
Q1) Discrimination caused by policies that apply to everyone and seem neutral but have the effect of disadvantaging a protected group is known as:
A) reverse discrimination.
B) disparate impact.
C) glass ceiling.
D) quid pro quo.
Q2) The Civil Rights Act of 1875 was based on which amendment to the U.S.constitution?
Q3) Rights that are given to citizens by their government are called:
A) unalienable rights.
B) moral rights.
C) civil rights.
D) natural rights.
Q4) The Civil Rights Act of 1875 was based on the First Amendment of the U.S.Constitution.
A)True
B)False
Q5) What was the separate but equal doctrine?
Q6) Discuss Executive Order 11246.How is it enforced?
Q7) Define sexual harassment,quid pro quo,and hostile environment.
Page 20
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Chapter 18: Corporate Governance
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Q1) Backdating is granting options shortly before good news causes a share price rise.
A)True
B)False
Q2) Most shareholders follow management's voting recommendations.
A)True
B)False
Q3) Shares of company stock awarded after a fixed period of years if individual and company performance goals are met are called:
A) time shares.
B) performance shares.
C) stock options.
D) restricted stock.
Q4) Which of the following enacted new regulations on auditing,financial reporting,and legal compliance?
A) The Bankruptcy Act
B) The Sherman Antitrust Act
C) The Sarbanes-Oxley Act
D) The International Emergency Economic Powers Act
Q5) What is restricted stock?
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