CEPA: Key Provisions, Regulations,
and Enforcement Details Complete
Practice Questions with Verified
Answers Already Graded A+
1. What does CEPA stand for? - ANSWER Canadian Environmental
Protection Act
2. CEPA - ANSWER A legislative framework aimed at protecting the
environment and human health in Canada.
3. Purpose of CEPA - ANSWER To prevent pollution and manage toxic
substances to protect the environment and public health.
4. 3 Legs of the Stool - ANSWER 1) Business
2) Personal
3) Personal Financial
5. 3 Gaps - ANSWER All of these things together can be referred to as the
"Master Plan" or "Organizing Principle"
1) Wealth Gap
-Personal Gap
2) Profit Gap
-Business Gap
,3) Value Gap
-Business Gap
6. 2 Concurrent Paths - ANSWER In the Prepare Gate, these two paths are
being worked on together:
1) Personal and Financial Legs of the Stool = Vision Path
2) Business Leg = De-Risking/Mitigating risk path
7. Attractiveness and Readiness (ANR or ANR Score) - ANSWER Measured
through Common Sense Scoring Scale (1-6 points per question)
8. Common Sense Scoring Scale - ANSWER -Used during the triggering
event assessment that scores each question from 1-6 points.
There is no average, each question answer has to be either above average or
below average.
9. Profit Gap - ANSWER Potential Profit (Best in Class Profit) - Current
Profit (Recasted EBITDA)= Profit Gap
Best in Class Profit = Best in Class EBITDA % x Current Revenue of the
Company
OR
(Best In Class EBITDA % x Revenue of Company) - Recasted EBITDA of
company = Profit Gap
, -To do this, you need to know the Best in Class EBITDA as a percent to
revenue/sales, and the current EBITDA as a percent to revenue/sales for the
company.
10.Key Provisions of CEPA - ANSWER Includes regulations for toxic
substances, environmental assessments, and pollution prevention plans.
11.5-4-3-2-1 Grouping - ANSWER 5 Stages of Value Maturity
4 Intangible Capitals
3 Gates, 3 Gaps, 3 Legs of the Stool
2 Concurrent Paths
1 Goal->Value!
5 Stages of Value Maturity - ANSWER Organized as building blocks with #5
representing the most mature stage of the process: IBM-HP
1) Identify Value
-Identify and assess what we have in terms of business value
-In the Discover Gate
2) Protect Value
-in the Prepare Gate
-Done through De-Risking tasks?
3) Build Value
-In the Prepare Gate
4) Harvest Value
-This is actually exiting the business and harvesting the wealth you've created in
the business
, -In the Decide Gate
5) Manage Value
-Floats around the entire methodology because you
4 Intangible Capitals - ANSWER -These items drive business value.
-80% of the value of the business is encompassed in these 4 intangibles
-H.S.C.S.
1) Human Capital
2) Social Capital
-Culture
3) Customer Capital
4) Structural Capital
-Processes and procedures documented and written down
-People
-Technology
-Facilities
3 Gates of the Value Acceleration Methodology - ANSWER 1) Discover
-What we do in this gate:
1. Conduct the Triggering event
-Identify Value (Stage 1 of the 5 stages of value maturity)
-Through the triggering event, we are identifying how attractive and ready our
business is to determine what its value is.
2. We are measuring and identifying the 4 C's
3. We are identifying all 3 Gaps
and Enforcement Details Complete
Practice Questions with Verified
Answers Already Graded A+
1. What does CEPA stand for? - ANSWER Canadian Environmental
Protection Act
2. CEPA - ANSWER A legislative framework aimed at protecting the
environment and human health in Canada.
3. Purpose of CEPA - ANSWER To prevent pollution and manage toxic
substances to protect the environment and public health.
4. 3 Legs of the Stool - ANSWER 1) Business
2) Personal
3) Personal Financial
5. 3 Gaps - ANSWER All of these things together can be referred to as the
"Master Plan" or "Organizing Principle"
1) Wealth Gap
-Personal Gap
2) Profit Gap
-Business Gap
,3) Value Gap
-Business Gap
6. 2 Concurrent Paths - ANSWER In the Prepare Gate, these two paths are
being worked on together:
1) Personal and Financial Legs of the Stool = Vision Path
2) Business Leg = De-Risking/Mitigating risk path
7. Attractiveness and Readiness (ANR or ANR Score) - ANSWER Measured
through Common Sense Scoring Scale (1-6 points per question)
8. Common Sense Scoring Scale - ANSWER -Used during the triggering
event assessment that scores each question from 1-6 points.
There is no average, each question answer has to be either above average or
below average.
9. Profit Gap - ANSWER Potential Profit (Best in Class Profit) - Current
Profit (Recasted EBITDA)= Profit Gap
Best in Class Profit = Best in Class EBITDA % x Current Revenue of the
Company
OR
(Best In Class EBITDA % x Revenue of Company) - Recasted EBITDA of
company = Profit Gap
, -To do this, you need to know the Best in Class EBITDA as a percent to
revenue/sales, and the current EBITDA as a percent to revenue/sales for the
company.
10.Key Provisions of CEPA - ANSWER Includes regulations for toxic
substances, environmental assessments, and pollution prevention plans.
11.5-4-3-2-1 Grouping - ANSWER 5 Stages of Value Maturity
4 Intangible Capitals
3 Gates, 3 Gaps, 3 Legs of the Stool
2 Concurrent Paths
1 Goal->Value!
5 Stages of Value Maturity - ANSWER Organized as building blocks with #5
representing the most mature stage of the process: IBM-HP
1) Identify Value
-Identify and assess what we have in terms of business value
-In the Discover Gate
2) Protect Value
-in the Prepare Gate
-Done through De-Risking tasks?
3) Build Value
-In the Prepare Gate
4) Harvest Value
-This is actually exiting the business and harvesting the wealth you've created in
the business
, -In the Decide Gate
5) Manage Value
-Floats around the entire methodology because you
4 Intangible Capitals - ANSWER -These items drive business value.
-80% of the value of the business is encompassed in these 4 intangibles
-H.S.C.S.
1) Human Capital
2) Social Capital
-Culture
3) Customer Capital
4) Structural Capital
-Processes and procedures documented and written down
-People
-Technology
-Facilities
3 Gates of the Value Acceleration Methodology - ANSWER 1) Discover
-What we do in this gate:
1. Conduct the Triggering event
-Identify Value (Stage 1 of the 5 stages of value maturity)
-Through the triggering event, we are identifying how attractive and ready our
business is to determine what its value is.
2. We are measuring and identifying the 4 C's
3. We are identifying all 3 Gaps
