The Business Case for CSR and Environmentally Sustainable Business Practices

question 113

Multiple Choice

The business case for CSR and environmentally sustainable business practices suggests such actions could lead to all of the following EXCEPT

• A) increased buyer patronage.
• B) shorter supply chain.
• C) lower costs and enhanced employee recruiting and workforce retention.
• D) opportunities for revenue enhancement and best long-term profits for shareholders.
• E) reduced risk of reputation-damaging incidents.

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Definitions:

Economic Conditions

The state of the economy at a given time, encompassing various factors including employment levels, inflation rate, and GDP growth.

Inflation

The quickness with which the average market prices for goods and services grow, reducing the realm of purchasing.

Unemployment

A situation in which individuals who are able and willing to work cannot find jobs.

Living Standards

The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a geographic area.