What Do Environmentalists Set as an Objective for Profitability

question 87

Multiple Choice

What do environmentalists set as an objective for profitability?

• A) Companies should surpass the strictest environmental standards even if it negatively affects profitability.
• B) Companies will never be profitable if they comply with environmental standards, so taxpayers must subsidize all production.
• C) Profitability should not be a concern when addressing issues of environmental importance.
• D) Environmentalism should be made profitable, and companies attempting to protect the environment should not have to compete with those harming it in the marketplace.
• E) Companies will be more profitable if they work hard to protect the environment because consumers will reward their efforts through loyalty.

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Definitions:

High Grade

A term indicating a level of superior quality or performance, often used in educational or professional contexts to denote excellence.

Loss Aversion

A cognitive bias that describes how the pain of losing is psychologically more powerful than the pleasure of gaining.

Option's Disadvantages

The negative aspects or drawbacks associated with a particular choice or decision.

Sensitivity

The ability of a test or system to correctly identify those with a condition, reflecting how well it detects true positives.