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

Apply ratio and proportion knowledge to calculate overhead allocations and refund amounts.

Evaluate and solve problems involving additional investments to maintain original investment ratios.

Calculate the required increase in resources to meet specified ratios.

Understand the impact of currency value changes on exchange rates.

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Definitions:

Demand Increase

A rise in the quantity of a product or service that consumers are willing and able to purchase at various prices.

Quantity Supplied

The total amount of a product that producers are willing and able to sell at a given price point, at a specific time.

Price Rises

A general increase in the cost of goods and services in an economy, often indicating inflationary pressures.

Ration

The controlled distribution of scarce resources, goods, or services, often during shortages or in wartime.