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BUGEN5930 Week 6 Flashcards | StudBud

Explore/BUGEN5930 Week 6

BUGEN5930 Week 6

6 terms·StudBud Administration·102 plays

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Questions 6

Answers

1
Principle 3 Move to a solutions based business model
All three concepts
more impact on business cycle because dicontinuous flow of services
improved value for customer and increased bottom line for producer
better for environment and increases volatility of world’s economy
2
A natural capitalism approach requires properly valuing eco-system services
True
False
3
Principle 1 Dramatically increasing productivity of natural resources means
All three actions
Adopt innovative technologies
Implement whole design systems
Appropriate design combining innovative technologies to reduce waste
4
Principle 2 shift to biologically inspired production models considers
Develop closed loop manufacturing systems
All three as organizational goals
Nothing is waste in the natural environment
Biomimicry by emulating nature’s patterns and solutions
5
Obstacles to recognition of benefits of natural capitalism approach include
Not enough use of ‘green washing’ marketing
Efficient measuring systems
Laws and public policy
Penalising resource depletion
6
Principle 4 reinvest in natural capital
restoring, sustaining & expanding natural habitat and biological resource
as a problem to the lack of biological resources
seperating profits, public image, ethical & environmentally responsibilit
All three concepts