The Incorrect Statement Concerning Incorporating Sustainability into an Organisation Is

question 3

Multiple Choice

The incorrect statement concerning incorporating sustainability into an organisation is:

• A) It requires a change in corporate culture
• B) There is general agreement world-wide on what is meant by sustainability
• C) It requires a long-term focus
• D) Participation of multiple stakeholders along the value chain is a key factor for success

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Definitions:

Multidomestic Strategy

A strategy that customizes products and advertising to best fit local needs.

Geocentric View

An approach to international business that sees similarities and differences everywhere and seeks to build strategies that leverage global efficiencies without being blind to local needs.

Transnational Strategy

A strategy that seeks efficiencies of global operations with attention to local markets.

Mutual Benefit

A situation or agreement where all parties involved gain advantages or profits.