Asked by Sophia Michelle on May 01, 2024

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Verified

B-Corp certification recognizes organizations that achieve five or more years of consistent profitable growth.

B-Corp Certification

A designation that a business meets high standards of verified social and environmental performance, public transparency, and legal accountability.

Profitable Growth

The process of increasing a company's revenue and profits effectively and sustainably over time.

  • Analyze the impact of entrepreneurship on personal development and societal improvement.
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Verified Answer

SA
Samer AlanbakiMay 05, 2024
Final Answer :
False
Explanation :
B-Corp certification does not solely depend on profitable growth. Rather, it assesses companies based on their social and environmental impact, governance practices, and transparency, among other criteria.