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What are two descriptions of sustainable business practices? (Choose two.)

A.

use more virgin plastics

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A.

use more virgin plastics

B.

will increase Cisco products on the grey market

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B.

will increase Cisco products on the grey market

C.

increase the environmental footprint

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C.

increase the environmental footprint

D.

are socially responsible

Answers
D.

are socially responsible

E.

should be economically viable

Answers
E.

should be economically viable

Suggested answer: D, E

Explanation:

Sustainable business practices are those that focus on long-term success by balancing environmental, social, and economic factors. Two key descriptions are:

Are socially responsible (D): Sustainable practices involve conducting business in a way that benefits society, including fair labor practices, reducing environmental harm, and contributing to the well-being of communities. This ensures a positive impact on both people and the planet.

Should be economically viable (E): Sustainability must also be economically feasible. This means that businesses need to adopt practices that ensure profitability while minimizing resource consumption and waste. Economic viability ensures that sustainability can be maintained in the long term, benefiting both the business and its stakeholders.

Environmental Sustainability References:

United Nations Global Compact. (2020). Social Responsibility and Sustainable Business Practices.

World Economic Forum. (2021). The Triple Bottom Line: Environmental, Social, and Economic Sustainability.

McKinsey & Company. (2021). Sustainability: A Business Imperative for Long-Term Growth.

asked 11/10/2024
Willem Alves
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