SCM 300 Chaturvedi Exam 3 Questions and
Answers
What is the definition of sustainability?
Sustainability refers to the ability to meet present needs without compromising
the ability of future generations to meet their own needs.
What does ESG stand for and what are its components?
ESG stands for Environmental, Social, and Governance, which are the three
central factors used to measure the sustainability and societal impact of an
investment.
What are the types of sustainable company structures?
B Corps, NGOs, Public Benefit Corporations
NGO Subtypes
BINGO: business-friendly international NGO (example: RedCross)
ENGO: environmental NGO (Greenpeace and World WildlifeFund)
GONGO: government-organized non-governmentalorganization (International
Union for Conservation of Nature)
INGO: international NGO (Oxfam)
QUANGO: quasi-autonomous NGO (International Organization for Standardization
[ISO])
What is carbon offsetting and how does it work?
Carbon offsetting involves compensating for carbon dioxide emissions produced
by a company or individual by investing in projects that reduce or capture an
equivalent amount of emissions.
What are sharp practices?
Sharp practices refer to unethical or dubious business practices that may exploit
loopholes or manipulate situations to gain an advantage.
What is the difference between linear and circular production?
, Linear production follows a "cradle-to-grave" model, while circular production
emphasizes reusing, recycling, and reducing waste (cradle-to-cradle).
What is a B Corporation?
A B Corporation is a for-profit company that meets rigorous standards of social
and environmental performance, accountability, and transparency.
What is an NGO?
a private, typically nonprofit organization that operates independently of
government control (non-governmental organization)
How can you identify Scope 1, 2, and 3 emissions?
Scope 1 emissions are direct emissions from owned or controlled sources, Scope 2
are indirect emissions from the generation of purchased electricity, and Scope 3
are all other indirect emissions that occur in a company's value chain.
What is the critical path in project management?
The critical path is the sequence of stages determining the minimum time needed
for an operation, characterized by tasks that directly affect the project completion
time.
What are traits of a consultant?
1. Thick skin
2. Problem solver
3. Bridge builder, networker, and works well in teams
4. Fast learner
5. Data analysis and critical thinking
6. Break a problem into solvable parts
7. Strategic thinker who can connect the dots
8. Presentation and story telling skills
9. Communication and people management skills (good listener)
10. Deliverable focused (vs activity)
11. Change manager
12. Thought leader
What are consulting frameworks and when are they used?
Answers
What is the definition of sustainability?
Sustainability refers to the ability to meet present needs without compromising
the ability of future generations to meet their own needs.
What does ESG stand for and what are its components?
ESG stands for Environmental, Social, and Governance, which are the three
central factors used to measure the sustainability and societal impact of an
investment.
What are the types of sustainable company structures?
B Corps, NGOs, Public Benefit Corporations
NGO Subtypes
BINGO: business-friendly international NGO (example: RedCross)
ENGO: environmental NGO (Greenpeace and World WildlifeFund)
GONGO: government-organized non-governmentalorganization (International
Union for Conservation of Nature)
INGO: international NGO (Oxfam)
QUANGO: quasi-autonomous NGO (International Organization for Standardization
[ISO])
What is carbon offsetting and how does it work?
Carbon offsetting involves compensating for carbon dioxide emissions produced
by a company or individual by investing in projects that reduce or capture an
equivalent amount of emissions.
What are sharp practices?
Sharp practices refer to unethical or dubious business practices that may exploit
loopholes or manipulate situations to gain an advantage.
What is the difference between linear and circular production?
, Linear production follows a "cradle-to-grave" model, while circular production
emphasizes reusing, recycling, and reducing waste (cradle-to-cradle).
What is a B Corporation?
A B Corporation is a for-profit company that meets rigorous standards of social
and environmental performance, accountability, and transparency.
What is an NGO?
a private, typically nonprofit organization that operates independently of
government control (non-governmental organization)
How can you identify Scope 1, 2, and 3 emissions?
Scope 1 emissions are direct emissions from owned or controlled sources, Scope 2
are indirect emissions from the generation of purchased electricity, and Scope 3
are all other indirect emissions that occur in a company's value chain.
What is the critical path in project management?
The critical path is the sequence of stages determining the minimum time needed
for an operation, characterized by tasks that directly affect the project completion
time.
What are traits of a consultant?
1. Thick skin
2. Problem solver
3. Bridge builder, networker, and works well in teams
4. Fast learner
5. Data analysis and critical thinking
6. Break a problem into solvable parts
7. Strategic thinker who can connect the dots
8. Presentation and story telling skills
9. Communication and people management skills (good listener)
10. Deliverable focused (vs activity)
11. Change manager
12. Thought leader
What are consulting frameworks and when are they used?
