Asked by Michelle McDade on Jul 11, 2024
Verified
According to the text,firms that integrate social and environmental goals into their business strategy experience ________.
A) close government scrutiny
B) shareholder lawsuits
C) enhanced profits
D) reduced taxes
Environmental Goals
Objectives set by an organization or a government to reduce environmental impact and promote sustainability.
Social Goals
Objectives that relate to improving societal well-being and addressing the needs of a community or population.
Enhanced Profits
Increased earnings resulting from improved business operations, pricing strategies, cost reduction, or sales growth.
- Expound on the triple bottom line concept and how it impacts the obligations and performance of companies.
- Examine the function of corporate social responsibility within strategic business planning.
Verified Answer
AN
ADGN Noor Aida Binti Zainal AbidinJul 16, 2024
Final Answer :
C
Explanation :
The text states that firms that integrate social and environmental goals into their business strategy experience "enhanced profits." There is no mention of close government scrutiny, shareholder lawsuits or reduced taxes in relation to this topic.
Learning Objectives
- Expound on the triple bottom line concept and how it impacts the obligations and performance of companies.
- Examine the function of corporate social responsibility within strategic business planning.