Which of the Following Statements Best Characterizes the Theory of Sustainability

question 112

Multiple Choice

Which of the following statements best characterizes the theory of sustainability?

• A)Sustainability is an internal process in which companies match resources and objectives.
• B)Sustainability is the idea that socially responsible companies will outperform their peers when they focus on the world's problems as marketing opportunities.
• C)Sustainability cannot be socially responsible without a code of ethics and managerial support of that code.
• D)Sustainability and ethical behaviour should never be viewed as the means of obtaining a competitive advantage.

---

Definitions:

Annual Fixed Costs

The total of all business expenses that are consistent and unchanged throughout the fiscal year, regardless of production levels or sales volume.

Contribution Margin

The contribution margin represents the portion of sales revenue that is not consumed by variable costs and contributes to covering the company's fixed costs.

Depreciation Expense

A technique in accounting for distributing the expense of a physical asset across its usable life.

Fixed Costs

Expenses that do not change with the level of activity or output over a short period, such as rent, salaries, and insurance premiums.