ISO 14000 May Result in a Recycling Program at a Company

question 137

True/False

ISO 14000 may result in a recycling program at a company.

---

Definitions:

Price Change

An alteration in the amount charged for a good or service, which can be due to various factors including cost fluctuations, demand shifts, or competitive strategies.

Lost Profits

Lost profits refer to the income that a business could have earned but was unable to due to disruptions, such as competition or natural disasters.

Expected Success

The anticipation of achieving a favorable outcome in any given venture or activity, often quantified based on objective criteria or previous performances.

Representativeness

A cognitive bias in decision-making where an individual assesses the likelihood of an event by comparing it to an existing prototype in their mind.