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1.Which of the following trends is a driver of Product Stewardship strategy in Hart and Milstein s (2013) Sustainable Value Framework? Consumption Connectivity Inequity Disruption

1.Which of the following trends is a driver of Product Stewardship strategy in Hart and Milstein s (2013) Sustainable Value Framework?

Consumption

Connectivity

Inequity

Disruption

2.Which one of the following is a good sustainability strategy by an organisation?

Apply smart decoupling approach

Engage with multiple stakeholders

Minimise or avoid consultation with staff

Focus on a pragmatic approach to achieve short-term financial goals

3."Rametwo Pty Ltd introduces a new initiative focusing on integrating stakeholder values into its business process." Which sustainability strategy is mainly used by the organisation based on Hart and Milstein s (2013) Sustainable Value Framework?

Sustainability vision

Growth trajectory

Product stewardship

Clean technology

4.What is a key characteristic of a sustainable enterprise? Select the most relevant answer.

Manages technological disruption

Builds its internal business process

Aims to achieve sustainable development

Maintains customer satisfaction

5.What should be the ultimate objective of the sustainability model of an organisation?

Enhance perceived corporate image

Bring about stakeholder value in the long-run

Reduce the level of carbon emissions in the long-run

Harmonise society in the long-run

6.What is a potential implication for an organisation not meeting its social contract?

The organisation could develop an overall better relationship with all of its stakeholders.

The organisation may find it difficult to obtain the necessary support and resources to continue operations.

The organisation is likely to receive positive recognition from the media and society.

The organisation has a greater flexibility to expand and grow more easily.

7."Bootha Foods is trying to improve its legitimacy status after one of its frozen chicken products is found to have been contaminated with a substance that is unsafe for consumption." Which action is not recommended to be performed by the company to reclaim its legitimacy?

Inform its stakeholders that the company opens a special communication and consulting service for consumers who may feel concerned by this incident.

Inform its stakeholders that the company feels that they have been victimised by consumers and food safety agencies who do not like their company's success.

Recall the product and offer refunds for customers who have purchased the product.

Inform its stakeholders that the company acknowledges the incident and that corrective and preventive actions have been taken.

8.What are the two branches of the stakeholder theory?

Positive and negative branches

Operational and managerial branches

Positive and ethical branches

Classical and post-modern branches

9.Social contract is the core notion of which theory?

Institutional theory

Legitimacy theory

Social contract theory

Isomorphism theory

10."Confu Pty Ltd decided to follow the strategies of Nopro Pty Ltd, another company in the same industry that is considered to have good sustainability strategies, since Confu was unsure about their company's sustainability strategies." What is the most relevant theoretical concept applicable to this situation?"

Normative isomorphism

Coercive isomorphism

Mimetic isomorphism

Decoupling

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