Sustainable Development Refers to the Systematic Analyses of How a Firm Is

question 269

Short Answer

Sustainable development
refers to the systematic analyses of how a firm is using funds earmarked for its social responsibility goals.
refers to the pursuit of activities that meet current needs, but which will not put future generations at a disadvantage when they attempt to meet their needs.
is not as popular as it was a decade ago because the program is too costly for businesses to support.
involves measuring the social, environmental, and economic performance of a company.
means that companies view themselves as good citizens of society and they proactively seek opportunities to contribute to consumer well-being.

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Definitions:

External Reinforcements

Rewards or punishments from the external environment that influence and shape behavior.

Social-cognitive Theory

A theory of learning that emphasizes the importance of observing, modeling, and imitating the behaviors, attitudes, and emotional reactions of others.

Internal Forces

Psychological or emotional factors that influence an individual's behavior and decision-making process from within.

External Forces

Factors or influences originating outside an individual that can impact their behavior, decisions, or psychological state.