TRACK 1 QUIZ

Which of the following best describes a green business?

• A business that focuses solely on maximizing profits.

• 1. A business that operates with minimal regard for environmental impact.

• A business that balances profit with positive impacts on the environment, society, and economy.

• 1. A business that only offers traditional products without considering sustainability.

What is one way green businesses can engage in community support?

• By ignoring local labor conditions.

• 1. By participating in fair labor practices and supporting community development initiatives.

• By avoiding any interaction with the community.

• 1. By focusing only on global markets and disregarding local impact.

Why are Filipino consumers increasingly preferring eco-friendly products?

• Because of lower prices compared to non-eco-friendly products.

• 1. Due to a growing awareness and preference for brands that prioritize sustainability.

• 1. Because eco-friendly products are more widely available in traditional stores.

• Due to a lack of alternatives in the market.

1. Why is integrating sustainability into business objectives important?

• It increases production costs

• It enhances a company's reputation and brand value

• 1. It reduces the need for employee training

• 1. It limits business growth

1. Why is the need for green business particularly urgent in the Philippines?

• The country is unaffected by climate change

• 1. The Philippines faces significant ecological challenges

• 1. There is no consumer demand for eco-friendly products

• 1. Green businesses have little to no impact on the economy

1. What percentage of Filipino consumers prefer brands that prioritize sustainability?

• 25%

• 50%

• 75%

• 100%

1. How do green businesses contribute to economic growth in the Philippines?

• 1. By reducing employment opportunities

• 1. By contributing to economic resilience and job creation

• 1. By increasing taxes on businesses

• 1. By limiting access to sustainable practices

1. What opportunity exists for businesses in the area of waste management?

• 1. Ignoring waste reduction

• 1. Offering upcycling and recycling services

• Promoting single-use plastics

• Encouraging waste accumulation

1. How does the Philippine government support sustainable business practices?

• 1. By ignoring environmental issues

• By requiring ESG (Environmental, Social, and Governance) reports from companies

• 1. By limiting investments in green businesses

• 1. By discouraging sustainable practices

What advantage do electric vehicles (EVs) offer in the logistics sector?

• 1. Higher emissions

• 1. Lower operational costs and reduced emissions

• Increased fuel consumption

• Limited accessibility