ABFT3603 Tutorial 2

In what ways is becoming sustainable a source of competitive advantage?

• By reducing or controlling costs of energy and other resources

• By fostering innovation in products and/or processes

• By attracting, cultivating and retaining better employees

• All of the above

In the coming years, worldwide environmental regulations are expected to . .

• get tougher.

• become more relaxed.

• remain about as strict as they are now.

• get tougher in emerging economies (e.g., China) while relaxing in the developed world (e.g., Northern Europe.

In 1992, the U.S. legislation that restricted showerhead flow to 2.5 gallons per minute was called . . .

• the Clean Water Act.

• the Clean Air Act.

• the Energy Policy Act.

• the Water Conservation Act.

Which of the following is NOT a common source of short-term cost savings from sustainability efforts?

• Energy savings

• Product innovation

• Waste reduction

• Transportation efficiencies

"Development that meets the needs of the present without compromising the ability of future generations to meet their own needs" is the definition of __________ created by _________.

• sustainability; Greenpeace

• sustainability; the Warren Commission

• sustainable development; the UN's Brundtland Commission

• sustainable marketing; the American Marketing Association

TBL stands for . . .

• Triple Bottom Line.

• Today's Biggest Loser.

• Threats, Benefits and Losses.

• none of the above.

Which is NOT a social measure in TBL accounting?

• Worker safety

• Human rights

• Community impacts

• Energy consumption

The TBL approach accounts for all of the below except . . .

• environmental impact.

• social impact.

• profitability.

• cultural impact.

Manufactured capital includes all of the following except . . .

• plant and equipment.

• product inventories.

• venture capital.

• new technologies.

Which of the following types of capital is in significant decline?

• Financial capital.

• Natural capital.

• Human capital.

• All of the above.