How does the lack of knowledge about sustainability prevent companies from transitionning to th ecircular economy ?
How does the lack of knowledge about sustainability prevent companies from transitionning to th ecircular economy ?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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How does the lack of knowledge about sustainability prevent companies from transitionning to th ecircular economy ?
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Sustainability illustrates the attaining needs of the present without endangering the needs of future people. Sustainability is the responsibility of the companies. For example, a company is required to keep natural assets for future generations. A company is required to create plans for 100-400 years in advance.
Sustainability can be one of the corporate social responsibilities as it is the commitment of the company towards society, customers, suppliers, investors, government, etc. They provide the resources and working environment to a company to grow and gain profit.
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