Integrating Sustainable Business Practices May Help to Identify New Revenue

question 67

True/False

Integrating sustainable business practices may help to identify new revenue streams for an organization.

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Definitions:

Entrepreneurial Ability

The imagination required to develop a new product or process, the skill needed to organize production, and the willingness to take the risk of profit or loss

Natural Resources

Assets derived from the earth such as minerals, forests, water, and fertile land that can be used for economic gain.

Scarce

A condition where resources are limited in availability and cannot fully meet the unlimited wants of people.

Zero Price

A situation where goods or services are offered for free, without a monetary exchange, often used in promotional contexts or digital offerings.