Which Indirect Value of Biodiversity Will Have the Greatest Economical

question 54

Multiple Choice

Which indirect value of biodiversity will have the greatest economical value to people?

• A) a twenty-hectare marshland that acts as a sponge for rainwater
• B) the ecotourism market in the United States
• C) two hundred hectares of wetlands in Canada that soak up pollutants and purify water
• D) forests that decrease erosion along the banks of rivers in the Philippines
• E) a row of trees that act as a wind block on the northwest side of our homes, decreasing our need for air conditioning and cooling systems in the summer

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Definitions:

Sustained Competitive Advantage

The ability of a firm to maintain a unique value proposition in the market that cannot be easily replicated by competitors, thus ensuring long-term success.

Strategy

The formulation of organizational objectives, scopes, and action plans for gaining advantage.

Objectives

Goals or outcomes that an organization or individual aims to achieve within a specified timeframe.

Strategic Planning

The process of defining an organization's strategy or direction, and making decisions on allocating its resources to pursue this strategy.