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Questions and Answers
What is a key requirement for a business to be economically sustainable?
What is a key requirement for a business to be economically sustainable?
- Generating enough revenues to continue in the future (correct)
- Minimizing employee wages
- Expanding operations rapidly
- Maximizing profits at any cost
What is the challenge with achieving economic sustainability?
What is the challenge with achieving economic sustainability?
- Minimizing product quality to reduce costs
- Expanding operations without regard for environmental impact
- Maximizing profits without considering other factors
- Achieving an equilibrium between profitability and other elements of sustainability (correct)
What should companies aim for in terms of profitability and sustainability?
What should companies aim for in terms of profitability and sustainability?
- Maximizing profits regardless of environmental impact
- Minimizing costs at the expense of employee welfare
- Expanding operations without considering long-term consequences
- Generating profit in accordance with other elements of sustainability (correct)
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