Sustainability Is a Term Used in Various Ways, but Most

question 20

Essay

Sustainability is a term used in various ways, but most often it concerns a firm's relationship to the environment and its use of natural resources. Define the term from a company's business practices and strategy perspective.

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Definitions:

Specified Amount

denotes a particular sum of money that is clearly stated in a contract or agreement.

Draft

An initial version of a document or plan that is subject to revisions and improvements.

Drawer

The person who writes or issues a check or draft, instructing a bank to pay a specified sum of money to a specified person or entity.

Payee

An individual or entity that is designated to receive a payment or financial transaction.