Which of the Following Best Explains the 'People ' Dimension

question 36

Multiple Choice

Which of the following best explains the 'people ' dimension of 'people,planet and profit'? 

• A) This includes business solutions that take into account the requirements of the current world population. 
• B) This includes all activities that are focused on providing good labour conditions for employees and a labour climate in which individual employees are able to develop their skills and competencies. 
• C) The profit aspect provides guidelines for sustainable financial development of a company, measured over a longer period of time. 
• D) This includes all activities that are focused on an efficient use of natural resources of energy, raw materials and other natural resources.

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Definitions:

Hard Rationing

A severe form of capital rationing where external factors such as market conditions or regulatory constraints limit the availability of funding.

Scenario Analysis

A process of analyzing possible future events by considering alternative possible outcomes (scenarios), often used in the context of investment decisions or strategic planning.

Forecasting Risk

The potential for loss or error in a business's financial or operational forecasts, affecting its planning and decision-making ability.

Sensitivity Analysis

A financial model used to estimate how different values of an independent variable affect a particular dependent variable under a given set of assumptions.