If Industrialized Countries Impose Environmental Constraints, Manufacturers May Seek Opportunities

question 54

Multiple Choice

If industrialized countries impose environmental constraints, manufacturers may seek opportunities in poor countries that do not have or do not enforce environmental constraints. This practice is known as the

• A) production sharing system.
• B) race to the bottom.
• C) cost-profit equation.
• D) speculative spread.
• E) shark attack.

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Definitions:

Triple Bottom Line

A sustainability framework that evaluates a company's performance based on three critical areas: social responsibility, environmental impact, and financial profitability.

Prosperity

The state of flourishing, success, or good fortune, encompassing wealth, happiness, and well-being among individuals or communities.

Ethics

The moral principles that govern a person's behavior or the conducting of an activity, often applied in personal and professional contexts.

Paid Media Exposure

Advertising or marketing communication that is paid for, such as commercials, print ads, or sponsored content online.