There Are Several Reasons an Organization Might Pursue Sustainable Initiatives

question 89

Multiple Choice

There are several reasons an organization might pursue sustainable initiatives. "An automobile manufacturer has committed to being the market leader in fuel economy with every new vehicle developed." 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

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Definitions:

Repeat Corporate Customers

Repeat corporate customers are businesses that repeatedly purchase goods or services from the same supplier, demonstrating loyalty and ongoing business relationships.

Clearwater Hampers

A company specializing in creating and delivering a wide variety of gift hampers and baskets for various occasions.

Strategic Relationships

Partnerships or alliances formed between businesses or organizations to pursue long-term goals or objectives.

Sellers

Individuals or entities engaged in the act of selling goods or services to purchasers or consumers.