​Which of the Following Is True of Business Sustainability

question 69

Multiple Choice

​Which of the following is true of business sustainability?

• A) ​Business sustainability requires that management considers the numerous stakeholders, as well as threats and opportunities, involved with major decisions throughout the company.
• B) ​The term business sustainability is synonymous with the term environmental sustainability.
• C) ​Business sustainability requires that management considers only shareholder concerns involved with major decisions throughout the company.
• D) ​Business sustainability begins first and foremost with the organizational risk management process.

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Definitions:

Hostile Transaction

Typically refers to a takeover attempt by a company or individual that is strongly opposed by the target company's management or board of directors.

Merger

The combination of two or more companies into a single entity, typically to achieve greater efficiencies and strengthen market position.

Acquisition

The act of obtaining control of another company or asset through purchase or exchange.

Conglomerate Merger

A type of business combination where two or more companies in unrelated industries come together to form a single corporate entity.