SUS1501 Assignment 7
(COMPLETE ANSWERS)
Semester 2 2024
1.
2. Question: How does greed affect natural resources? Answer: Greed often leads to the
overexploitation of natural resources. This overuse depletes resources faster than they
can be replenished, causing long-term damage to ecosystems and leading to issues like
deforestation, soil degradation, and depletion of fresh water supplies.
3. Question: Why is it important to address greed in the context of sustainability? Answer:
Addressing greed is crucial because it often drives unsustainable practices, such as
excessive consumption and waste, that harm the environment. By controlling greed,
individuals and organizations can make decisions that prioritize the health of the planet
and ensure resources are available for future generations.
4. Question: What are some strategies to reduce the impact of greed on sustainability?
Answer: Strategies include promoting responsible consumption, encouraging
businesses to adopt ethical practices, implementing government policies that protect
natural resources, and educating people about the importance of sustainable living to
shift the focus away from material wealth.
5. Question: How can companies contribute to sustainability while still making a profit?
Answer: Companies can use eco-friendly production methods, adopt renewable energy,
minimize waste, support local communities, and invest in sustainable product design.
These practices can build brand loyalty, reduce costs, and appeal to environmentally-
conscious consumers, thereby maintaining profitability.
6. Question: What is the relationship between consumerism and sustainability? Answer:
Consumerism, driven by a desire for more goods and services, often leads to
unsustainable production and waste. It encourages overconsumption and wasteful
practices, whereas sustainability focuses on using resources efficiently and minimizing
environmental impact. Shifting away from consumerism towards more conscious
consumption is key to sustainability.
7. Question: Why might some corporations resist adopting sustainable practices?
Answer: Some corporations may resist sustainable practices because they perceive
them as costly or believe they will reduce profit margins. They may also fear the
changes required will disrupt existing operations or require significant investment without
immediate financial returns.
8. Question: What are some examples of corporate greed affecting environmental
sustainability? Answer: Examples include deforestation by logging companies for profit
without considering reforestation, industries releasing pollutants into waterways to save
(COMPLETE ANSWERS)
Semester 2 2024
1.
2. Question: How does greed affect natural resources? Answer: Greed often leads to the
overexploitation of natural resources. This overuse depletes resources faster than they
can be replenished, causing long-term damage to ecosystems and leading to issues like
deforestation, soil degradation, and depletion of fresh water supplies.
3. Question: Why is it important to address greed in the context of sustainability? Answer:
Addressing greed is crucial because it often drives unsustainable practices, such as
excessive consumption and waste, that harm the environment. By controlling greed,
individuals and organizations can make decisions that prioritize the health of the planet
and ensure resources are available for future generations.
4. Question: What are some strategies to reduce the impact of greed on sustainability?
Answer: Strategies include promoting responsible consumption, encouraging
businesses to adopt ethical practices, implementing government policies that protect
natural resources, and educating people about the importance of sustainable living to
shift the focus away from material wealth.
5. Question: How can companies contribute to sustainability while still making a profit?
Answer: Companies can use eco-friendly production methods, adopt renewable energy,
minimize waste, support local communities, and invest in sustainable product design.
These practices can build brand loyalty, reduce costs, and appeal to environmentally-
conscious consumers, thereby maintaining profitability.
6. Question: What is the relationship between consumerism and sustainability? Answer:
Consumerism, driven by a desire for more goods and services, often leads to
unsustainable production and waste. It encourages overconsumption and wasteful
practices, whereas sustainability focuses on using resources efficiently and minimizing
environmental impact. Shifting away from consumerism towards more conscious
consumption is key to sustainability.
7. Question: Why might some corporations resist adopting sustainable practices?
Answer: Some corporations may resist sustainable practices because they perceive
them as costly or believe they will reduce profit margins. They may also fear the
changes required will disrupt existing operations or require significant investment without
immediate financial returns.
8. Question: What are some examples of corporate greed affecting environmental
sustainability? Answer: Examples include deforestation by logging companies for profit
without considering reforestation, industries releasing pollutants into waterways to save
