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Question 1(3.5 points)

In terms of exploiting the fortune at the bottom of the pyramid, Prahalad and Hart warn that managers who innovate and focus on economic profit will miss the opportunity at the bottom of the pyramid; managers who focus on gross margins will be rewarded.

Question 1 options:

	True
	False

Question 2(3.5 points)

A major challenge for the development of responsible business is that social and environmental performance is not measurable, which means that responsible management in logistics and operations is simply not possible.

Question 2 options:

	True
	False

Question 3(3.5 points)

Which of the following statements does Karnani's article on BoP identify as untrue?

Question 3 options:

	The only way to help the poor and alleviate poverty is to raise their real income.
	The BoP proposition focuses on the poor as consumers.
	The poor have the right to determine how they spend their limited income and are value-conscious consumers.
	Convincing the poor to buy more will not solve their problem.

Question 4(3.5 points)

According to the article on the evolution of sustainability reporting, sustainability reporting is a(n) _______ in that integrating sustainability issues with financial reporting provides both management and stakeholders with more comprehensive information for decisions.

Question 4 options:

	Competitive necessity
	Strategic decision
	Paradigm shift
	Unnecessary redundancy

Question 5(3.5 points)

In a study cited in the text, nearly half of all CEOs cite _____________ as the most significant barrier to implementing an integrated, company-wide approach to sustainability.

Question 5 options:

	Lack of funding
	Employee pushback
	Complexity of implementation across functions
	Shareholder pushback

Question 6(3.5 points)

The so-called "sphere of influence", discussed in the section of the text covering sustainability accounting, involves more than internal company activities.

Question 6 options:

	True
	False

Question 7(3.5 points)

LOHASis described in the text as:

Question 7 options:

	a branch of sustainability accounting
	a form of eco-innovation
	a sustainable lifestyle
	critical to corporate governance for responsible business

Question 8(3.5 points)

Responsible management in finance, according to the text, can be divided into three main areas of interest. Which of these areas includes socially-responsible investment and microfinance?

Question 8 options:

	Financial Leadership
	Financial Tools
	Financial Servitization
	Financial Times

Question 9(3.5 points)

The Balanced Scorecard, discussed various places in the course, includes the financial perspective, the customer perspective, the internal business process perspective and the ________.

Question 9 options:

	Accounting and reporting perspective
	Learning and growth perspective
	Long-term perspective
	Servitization perspective

Question 10(3.5 points)

According to the text, which of the following statements about stakeholders is true ...

Question 10 options:

	Stakeholders of an organization can never be "actors", as defined in the text.
	Stakeholders of an organization can be fully identified by thinking about who are the groups and individuals that affect the company.
	Stakeholders of an organization do not include competitors, as they are rivals.
	Stakeholders of an organization include future generations.

Question 11(3.5 points)

According to Karnani, not only is the BoP market much smaller than suggested by Prahalad and Hart, it is unlikely to be profitable for large companies because:

Question 11 options:

	High distribution and market costs for such a geographically distributed market
	Weak infrastructure increases the cost of doing business
	The poor are very price-sensitive
	Karnani includes all of these as reasons why the BoP market is unlikely to be profitable for large companies

Question 12(3.5 points)

In the article "8 reasons sustainability will change management...", the 8 reasons included planning, productivity, reputation, strategy, coordination, partnering, advantage, and ________.

Question 12 options:

	Pain
	Innovation
	Profit
	Revolution

Question 13(3.5 points)

Despite what the title of the article,Sustainability is Now the Key Driver of Innovation, implies, the authors conclude that businesses and their leaders have to choose between the largely social benefits of developing sustainable products or processes and the financial costs of doing so.

Question 13 options:

	True
	False

Question 14(3.5 points)

Consider the situation where a complaint is made that a company's corporate sustainability report did not cover the company's involvement in a major environmental scandal during the year, which would be of critical concern to the stakeholders. According to the text, which GRI principles are not being applied?

Question 14 options:

	Balance and timeliness
	Materiality and completness
	Complet nness and timeliness
	Materiality and balance

Question 15(3.5 points)

Prahalad and Hart speculated that opportunities in Tier 4 market (the 4 billion people who are the poorest of the poor in the world) are naturally limited to businesses filling basic needs such as food, textiles and housing. The bottom of the pyramid has little interest in or use for high-tech businesses such as financial services and technology.

Question 15 options:

	True
	False

Question 16(3.5 points)

Primary motivations for responsible business are the same for both profit and not-for-profit businesses, according to the author of our text.

Question 16 options:

	True
	False

Question 17(3.5 points)

From the perspective of Karamchandani, et. al, innovations that engage the poor are more likely to come from firms outside the mainstream than from mainstream industry players.

Question 17 options:

	True
	False

Question 18(3.5 points)

As described in our text, sustainable innovation supports marketing through the products and helps to shape them with improved social and environmental impact while simultaneously accessing new markets, such as BoP.

Question 18 options:

	True
	False

Question 19(3.5 points)

According to Dr. Bell's lecture in unit 8, the question most closely associated with thematerialityof a sustainability report is:

Question 19 options:

	Is the information and accurate enough to assess and understand the organization's performance?
	Does the sustainability report provide an account of all areas of performance that stakeholders need to judge the organization's sustainability performance?
	Has the organization responded coherently and consistently to stakeholder's concerns?

Question 20(3.5 points)

Which of the following isnot trueabout Indicators for the strategic management of a responsible business, according to the text?

Question 20 options:

	They should include social and environmental indicators, as well as economic.
	They should never be included in a balanced scorecard.
	They are different for every business, depending on what it focuses on.

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