Which of the Following Is True of a Market-Based Approach

question 38

Multiple Choice

Which of the following is true of a market-based approach to resolving environmental challenges?

• A)It is critical of the narrow, philanthropic view of corporate social responsibility (CSR).
• B)It asserts that limited resources should not be distributed in the market.
• C)It suggests that environmental problems deserve economic solutions.
• D)It conveys that resources are infinite and fungible.

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Definitions:

Future Generations

Refers to the people who will live in the future, highlighting the importance of sustainable practices to not compromise their needs.

Sustainability

The use of resources to enable society to satisfy current needs, without compromising the ability of future generations to meet their needs.

Resources

Assets, materials, or other items of value that are available to an individual or organization to achieve goals or carry out activities.

Zero Emissions

Occur when carbon or polluting emissions are reduced and/or offset so that there is no net addition of emissions that are harmful to the environment or climate, usually by the emitting source.