There Are Several Reasons an Organization Might Pursue Sustainable Initiatives

question 107

Multiple Choice

There are several reasons an organization might pursue sustainable initiatives. "Due to rising costs, a manufacturing firm has reduced the amount of plastic used in each of its products, which helps to keep down the cost of raw materials (plastics) . The drop in plastic usage also reduces the amount of plastic sent to the landfill after consumer use." This situation is an example of which type of reason to implement sustainable initiatives?

• A)Cost reduction
• B)Regulatory compliance
• C)Stakeholder influence
• D)Competitive strategy

---

Definitions:

Activity Index

A measure used to estimate the level of activity or volume of production that affects costs in variable costing.

Budgeting Faculty Positions

The process of planning and allocating financial resources for academic staff positions within educational institutions.

Credit Hours

Units that represent the amount of teaching or coursework a student has completed, typically used in colleges and universities.

Cash Disbursements

Transactions involving the payment of cash by a business, often documented in a journal that records money going out of the company.