Foundations of Sustainable Enterprise
Midterms (Qns & Ans)
2025
General Instructions
1. Read All Questions Carefully: Make sure you understand each question.
2. Time Management: You have a specific amount of time to complete the exam.
Keep an eye on the clock and pace yourself.
3. Allowed Materials: Only use materials that are explicitly allowed. Unauthorized
materials can lead to disqualification.
4. ANS Format: Follow the required format for your ANS. For example, multiple-
choice questions might need you to select the best ANS, while essay questions
require detailed responses.
5. Academic Integrity: Adhere to the university's honor code. Any form of cheating or
plagiarism is strictly prohibited.
6. Technical Requirements: Ensure your computer and internet connection are
stable. For online exams, you might need a webcam and microphone for proctoring
purposes.
7. Submission: Submit your ANS before the time expires. Late submissions might
not be accepted.
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,1. Which of the following is a key principle of sustainable
development?
- A) Maximizing short-term profits
- B) Balancing economic, social, and environmental goals
- C) Ignoring environmental impacts
- D) Focusing solely on economic growth
- ANS: B) Balancing economic, social, and environmental
goals
- Rationale: Sustainable development aims to achieve a
balance between economic growth, social inclusion, and
environmental protection.
2. In the context of corporate sustainability, what does the triple
bottom line refer to?
- A) Profit, People, Planet
- B) Profit, Productivity, Performance
- C) People, Performance, Planet
- D) Productivity, Profit, Planet
- ANS: A) Profit, People, Planet
- Rationale: The triple bottom line framework evaluates a
company's performance based on its economic, social, and
environmental impact.
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, 3. Which of the following is a characteristic of a circular
economy?
- A) Linear production and consumption
- B) Waste minimization and resource efficiency
- C) Single-use products
- D) High levels of waste generation
- ANS: B) Waste minimization and resource efficiency
- Rationale: A circular economy focuses on reducing waste
and maximizing the use of resources through recycling, reuse, and
sustainable design.
Fill-in-the-Blank Questions
4. The ___________ is a framework used to assess the
environmental impact of a product throughout its entire lifecycle.
- ANS: Life Cycle Assessment (LCA)
- Rationale: LCA evaluates the environmental impacts
associated with all stages of a product's life, from raw material
extraction to disposal.
5. ___________ is the practice of integrating environmental,
social, and governance (ESG) factors into investment decisions.
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