Many Organizations Are Building Sustainable Business Practices into Their Strategies

question 13

Multiple Choice

Many organizations are building sustainable business practices into their strategies, including by issuing:

• A) Corporate social responsibility reports.
• B) Reports on internal controls.
• C) Profit and loss statements that reflect people and planet costs.
• D) Reports from the board of directors on sustainability.

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Definitions:

Population

Refers to the total number of people living in a particular area or country at a specific time.

Law

A system of rules that are created and enforced through social or governmental institutions to regulate behavior.

Economically Inefficient

A situation where resources are not allocated optimally, leading to waste or the inability to maximize value or output.

Nonrivalry

The idea that one person’s benefit from a certain good does not reduce the benefit available to others; a characteristic of a public good.