Which of the Following Is a Challenge Faced by Corporations

question 59

Multiple Choice

Which of the following is a challenge faced by corporations whom ignore the environment?

• A)A favourable corporate image tends to gain momentum as social media reports their ignorance.
• B)Revenues may suffer as customers prefer products and services less damaging to the environment.
• C)Material and production costs may increase faster than for corporations practicing reduction and recycling.
• D)Investors become more difficult to attract as the enterprises cannot meet the criteria for environmental and ethical screening.
• E)Alienation may occur from the local community,and failure to act may provoke stricter legislation and regulation.

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Definitions:

Insurance Contract

A legally binding agreement between an insurer and the insured, outlining the terms for the insurance coverage.

Premium

The amount paid for an insurance policy or towards a service that provides additional features or benefits, often on a regular basis like annually or monthly.

Insurer

An entity that provides insurance policies to individuals or organizations, offering protection against financial loss from specified risks.

Insurance Coverage

Protection provided by an insurance policy against financial losses from specific risks or events.