PQR is riding the wave of a concern for the protection of nature ANS

Pqr is riding the wave of a concern for the

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drink containers. PQR is riding the wave of _____________, a concern for the protection of nature.ANS: environmentalismPTS: 1 DIF: Difficulty: Moderate REF: p. 51OBJ: LO: 2-5a NAT: BUSPROG: Ethics KEY: Bloom’s: Comprehension24. Companies that use renewable resources, reduce emissions of harmful chemicals into the environment, and help other firms reduce their waste have taken advantage of ______ _____________.ANS: green opportunitiesPTS: 1 DIF: Difficulty: Challenging REF: p. 53OBJ: LO: 2-5b NAT: BUSPROG: Ethics | BUSPROG: TechnologyKEY: Bloom’s: Comprehension25. Small businesses are learning that sustainable business practices can hold down _________, attract _________, and generate value for ___________.ANS:costs; customers; shareholders (or owners, investors, stockholders)costs; customers; shareholdersowners, investors, stockholdersPTS: 1 DIF: Difficulty: Moderate REF: p. 53OBJ: LO: 2-5b NAT: BUSPROG: Ethics KEY: Bloom’s: KnowledgeESSAY 1. How can integrity and financial success be related? Use PortionPac Chemical as an example tostrengthen the argument. ANS:Success in an entrepreneurial endeavor involves financial gain while creating value for the company’s stakeholders (owners, stockholders, customers, employees, the community, and the government). To have integrity means others are considered even if the company is not as financially successful. Most companies are directed by entrepreneurs who balance the two concepts.
PortionPac Chemical produces environmentally friendly cleaning products using a culture specializing in trust, satisfaction and good relationships. Customers and employees are of concern over profits. As a result, Winning Workplaces and Inc.magazine awarded the company a “2010 Top Small Company Workplace” recognition for its dedication to the employees and customers. In 2009, the company turnover was 2% and annual revenue’s had increased by 8% forannual sales of almost $20 million.PTS: 1 DIF: Difficulty: Challenging REF: p. 32-33OBJ: LO: 2-1 NAT: BUSPROG: Ethics STA: DISC: FinanceKEY: Bloom’s: Analysis 2. Explain how integrity applies to various stakeholder groups, including owners, customers, employees, the community and the government.

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