For a Sustainability Culture and Related Practices to Develop Within

question 21

True/False

For a sustainability culture and related practices to develop within an organisation sustainability management strategies should be aligned with sustainability management accounting systems.

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Definitions:

Explicit

Something stated clearly and in detail, leaving no room for confusion or interpretation.

Tacit Knowledge

Knowledge that is difficult to transfer to another person by writing it down or verbalizing it, often gained through personal experience and context.

Escalation of Commitment

The tendency to continue investing in a project or decision despite evidence of its failing prospects, often due to psychological commitment.

Overconfidence

The state of being excessively confident, often leading to underestimating risks, challenges, or the abilities of others.