Which of the Following Statements Is Not Correct with Respect

question 113

Multiple Choice

Which of the following statements is not correct with respect to Fetzer Vineyards' sustainability efforts?

• A)Barney Fetzer began producing wine in 1968,and he incorporated triple bottom line sustainability accounting in 2014.
• B)Fetzer accounts for its profit (one component of the triple bottom line)based on growth and dollars.
• C)Fetzer accounts for its planet impact (one component of the triple bottom line)by protecting its environment.
• D)Fetzer accounts for its people impact (one component of the triple bottom line)by contributing to society.

---

Definitions:

Fixed Proportions

A production process condition where inputs must be used in strict, unchangeable ratios to produce an output; no substitution between inputs is possible.

Utility Function

An economic term describing how different goods or services yield different levels of satisfaction or utility to a consumer.

Units

Refers to the individual or measurable components that can be sold, used, or accounted for, in various contexts such as production, inventory, or measurement standards.

Utility Function

A mathematical representation of a consumer's preference ordering over a set of goods and services, showing the satisfaction level from consumption.