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.