TRACK 1 QUIZ 2

The Green Jobs Act (RA 10771) was enacted in 2016 to promote sustainable       growth and the creation of green jobs.

• True

• False

Corporate Social Responsibility (CSR) initiatives in the Philippines focus solely on profit maximization with no emphasis on environmental sustainability.

• True

• False

The Climate Change Commission does not lead policy-making focused on climate resilience and green jobs.

• True

• False

Private companies in the Philippines are increasingly adopting sustainable supply chain practices to minimize their environmental impact.

• True

• False

Green entrepreneurs focus solely on profit, disregarding the environmental and social impacts of their business ventures.

• True

• False

The triple bottom line approach means that green entrepreneurs equally consider social, economic, and environmental factors in their business models

• True

• False

Green entrepreneurs often face less competition in the market because most businesses prioritize sustainability.

• True

• False

Innovation is not a significant component of green entrepreneurship, as green businesses usually follow traditional business models.

• True

• False

Green entrepreneurship can contribute to improved risk management by focusing on environmental, social, and governance (ESG) factors.

• True

• False

Limited consumer awareness about eco-friendly alternatives can make it easier for green entrepreneurs to market their products and services.

• True

• False