The Three Factors of Enterprise
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Questions and Answers

What is sustainable finance and how does it consider environmental, social, and governance (ESG) factors?

Sustainable finance involves managing financial resources in a way that considers environmental, social, and governance (ESG) factors. It focuses on investing and financing activities that promote long-term sustainability and ethical practices, rather than solely seeking short-term profits.

What is brand activism and how does it relate to a company's impact on society?

Brand activism refers to a company taking a stand on social or political issues and actively supporting causes or values. It is about a company using its influence and resources to make a positive impact on society beyond just making profits.

What are the three approaches of family business and how do they relate to the three systems: business, family, and ownership?

The three approaches of family business are interdisciplinary, focusing on the three systems: business, family, and ownership. This means considering the interactions and dynamics between these systems in order to effectively manage a family-owned business.

Define law and economics and explain its relevance to businesses and the overall economy.

<p>Law and economics is the study of how legal rules and regulations affect economic behavior. It examines how laws, regulations, and legal systems impact businesses, markets, and the overall economy.</p> Signup and view all the answers

What does the study of 'three factors of enterprise: (sustainable governance)' entail?

<p>The study of 'three factors of enterprise: (sustainable governance)' involves examining brand activism, law and economics, and sustainable finance as key factors that contribute to the sustainable governance of an enterprise.</p> Signup and view all the answers

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