The Primary Purpose of Making an Organisation Sustainable Is To

question 41

Multiple Choice

The primary purpose of making an organisation sustainable is to:

• A)make sure the organisation survives in the long-term.
• B)ensure that present needs are met without compromising the needs of future generations.
• C)reduce greenhouse gases to a very low level.
• D)make sure its profits are sustainable over the long-term.

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Definitions:

Nominal Rate

The advertised or stated interest rate on a loan or investment, not accounting for compounding or inflation.

Compounded Monthly

A method of calculating interest where accrued interest is added to the principal sum of a loan or deposit each month.

Periodic Rate

The interest rate for a specific period, often rephrased as the interest rate applicable over regular intervals such as monthly or quarterly.

Effective Interest Rate

The real rate of interest earned or paid on an investment or loan, taking into account the effect of compounding.