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12 Questions

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Sustainability and Economic Factors

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Questions and Answers

What is the main concern of Sustainability?

Preserving the earth for future generations (correct)

Maximizing sales and profits

Focusing on the social aspect of life

Creating an economic system with no risks

What is the primary reason for the slow progression of Sustainability in organizations?

Insufficient resources and funding

Inadequate laws and regulations

Adoption of profit-oriented business models (correct)

Lack of awareness about Sustainability

What has been the transition in Sustainability models over the past 50 years?

From challenges and drivers to speed and scale (correct)

From environmental to social focus

From social to economic focus

From economic to environmental focus

What is the goal of Sustainability in relation to the environment and social aspects?

To create an equilibrium among environmental, social, and economic dimensions Signup and view all the answers

What is the outcome of stakeholders focusing only on sales maximization?

Goal congruence is jeopardized Signup and view all the answers

What is the current state of the economic world?

A persistent surge in the general price level of various factors of production Signup and view all the answers

What is a key reason why corporates cannot survive without society?

Because society is a source of customers Signup and view all the answers

What is the theoretical basis of Corporate Social Responsibility?

Stakeholder theory Signup and view all the answers

What is a key aspect of sound corporate governance?

Protection of shareholder investments Signup and view all the answers

What is a characteristic feature of developed countries' corporate governance structures?

Robust legal systems and public institutions Signup and view all the answers

What is a key difference between developed and emerging markets in terms of corporate governance?

Lack of separation between government and financial sector Signup and view all the answers

What is a significant publication in the evolution of sustainability models?

The Limits to Growth Signup and view all the answers