International Business Chapter 004 Walmart discovered that it could compete on price and build

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subject Words 2998
subject Authors Donald Ball, Jeanne McNett, Michael Geringer, Michael Minor

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Module 04 Sustainability and Natural Resources Answer Key
True / False Questions
1.
All eBay profits are based on business trends that impede sustainability efforts.
2.
Sustainability requires adjustments at the margins, rather than a totally new approach to
business.
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3.
Early business sustainability efforts focused on the external aspects of conservation and
environmental regulation.
4.
Walmart discovered that it could compete on price and build a sustainable business.
5.
Life cycle assessment (LCA) is a marketing concept that addresses innovation in product
development.
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6.
Because Austria is located within central western Europe and in the Cold War joined the
Western nations, it became a favored location for offices of international firms servicing
eastern European operations.
7.
Geographic proximity is rarely a major reason for trade.
8.
Mountains tend to impede trade, whereas flat areas tend to facilitate trade relationships.
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9.
Mountain barriers found in the area of the Pakistan-Afghanistan border impede travel and
separate populations.
10.
Switzerland, China, and Colombia are nations that present topographic challenges to
marketers because their markets are divided by mountain ranges.
11.
Every coast between 20 and 30 degrees of the equator (north or south) is dry.
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12.
Bodies of water, much like deserts and mountains, also serve as barriers to trade.
13.
Climate differences explain differences in human and economic development because the
less temperate climates limit mental powers.
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14.
Nonrenewable energy sources include coal, fossil fuels, and ocean thermal energy
conversion.
15.
Through 2035, oil is expected to remain the world's dominant energy source.
16.
"Petroleum man" faces inevitable extinction, as we currently understand resources.
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17.
Heavy oil is oil weighted down with an extra carbon molecule, and it can be gassified using
the Fischer-Tropsch process.
18.
Greenpeace supports extraction of shale oil from proven reserves.
19.
Above-ground issues impact territories available for oil exploration.
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20.
Nuclear power is a leading contributor to the French energy grid.
21.
Because it is a high polluter, coal is on the decline as an energy source.
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22.
Biomass is a category of renewable energy fuels based on their heavy weight.
23.
Sustainable approaches in business usually involve trade-offs such as lower profits
compensated by reduced marketing costs and improved image/reputation.
24.
Limits, interdependence, and equity are characteristics of sustainable business practices.
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25.
The stakeholder model for environmentally sustainable business has failed because we
don't have an accounting system to measure the present costs of environmental
irresponsibility.
26.
Compassion has nothing to do with sustainable business. Business is business.
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27.
Coal and nuclear power are both in decline as energy sources.
28.
Environmental sustainability is about maintaining the environment, and it is both local and
global.
29.
Environmentally sustainable business needs to consider the economic and ecological
systems in which they function, but not the social, which is the realm of politics.
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30.
Sustainable business practices have three characteristics: limits, interdependence, and
equity.
Multiple Choice Questions
31.
The relationships among ecological, social, and economic systems in sustainable
environments need to be:
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32.
The stakeholder model requires businesses to think about:
33.
Stakeholder theory pushes managers to be clear about how they want to do business, so it
encourages:
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34.
Interface, the producer of FLOR carpeting, has a solid record in sustainable business
practice and:
35.
Ecologically sustainable businesses such as Patagonia recognize that doing business
following the traditional approach, focusing on quarterly earnings, is not complete because
it does not focus on:
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36.
Thomas Merton linked interdependence with:
37.
Certain geologic structures have led to the development of separate languages within the
same country. These barriers include:
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38.
Why is every western coast between 20 and 30 degrees north or south of the equator dry?
39.
Swiss exports are concentrated, high-density products (cheese, chocolates, watches) that
minimize the need for importing bulky materials because:
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40.
Geographical proximity contributes to:
41.
Topography, including mountains, deserts, plains, and bodies of water, greatly influence:
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42.
Nations whose mountains divide them into smaller regional areas include:
43.
One example of the effect of topography is:
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44.
A good example of the relationship between water supply and population concentration
is:
45.
In more dense populations, international managers can expect:
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46.
Densely populated areas coincide with:
47.
Climate influences:

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