Which of the following is true of companies that have already incorporated sustainability into their business? O a. Decreased energy costs O b. Deteriorating market share O c. Increased insurance costs O d. Decreased consumer demand O e. Increased legal risks

Which of the following is true of companies that have already incorporated sustainability into their business? O a. Decreased energy costs O b. Deteriorating market share O c. Increased insurance costs O d. Decreased consumer demand O e. Increased legal risks

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Related questions

Q: a source of a fırm's competitive advantage comes from a. Activities through which the firm explores…

A: The management will take care about the activities performed by the business. The management will…

Q: A company at "Stage 1" in the adoption of corporate sustainability principles, likely O rejects…

A: Corporate social responsibility (CSR) refers to practices and policies undertaken by corporations…

Q: It is said that an organisation can achieve competitive advantages through three generic strategies…

A: Strategic management is a process that involves the formulation of goals, implementing the steps…

Q: Functional products differ from innovative products in the following ways (pick all that apply).…

A: Introduction (Product) Product is either a good or a service that is worth being buying by either an…

Q: dentify the product / industry that suffer from disruptive innovation by smartphone i. Digital…

A: Due to limited functionality, 'disruptive innovation' is defined as innovations that, at their…

Q: After reading the assigned article, The Consequences of Mandatory Corporate Sustainability…

A: The term sustainability reporting can be defined as a practice of companies or organizations to…

Q: Would a robust plan ensure the sustainability of the company?

A: It is not the same as knowing how to do things as it is to really do it. A manager's ability to…

Q: a)What is the WorldCom scandal? Briefly explain it in your own words. (150 words) b) Choose a…

A: WorldCom Inc. was a telecommunications company founded in 1983 in the United States. It was founded…

Q: Explain the nature of your business at the ERPsim Dairy Company. What is the key to your company…

A: ERPsim is defined as a simulation program that helps in development of the automation ofthe sales…

Q: A sustainable business:

A: An organization can involve itself in either focusing just on the monetary aspect of the business or…

Q: An example of an industry effect factor impacting a company's performance would be the number of…

A: a. Number of customers.While the number of clients is significant for income creation, it is more of…

Q: What would your top considerations of the features/ functionalities of the product that you are…

A: By considering below features and functionalities in the product design, the furniture company can…

Q: Which of the following is an avenue for creating market power through product diversification? W…

A: Product diversification is a business strategy governed by any organization or business firm to…

Q: Sustainable development has been described by the United Nations as: Select one: a. The use of…

A: In general, sustainable development can be defined as the improvement of development that is made to…

Q: Organizations can gain a competitive advantage simply by selling products and services at a lower…

A: A corporation has a competitive edge if it can make or provide its products or services more…

Q: You are given the following information about the sales and inventory levels for your company for…

Q: Mr. Abdullah recently purchased a new car. However, he is not happy with its performance, and he is…

A: Buying Decision Process - Buying decision process is the path taken by customers to make business…

Q: Risk assessement of NImra Textiles indicates leading and lagging indicator by swiss chess model…

A: We can understand what bowtie model means The Bowtie method is a risk evaluation method that can be…

Q: please answer all parts of the question within 30 minutes with detailed explanation. Make sure the…

A: Breakeven point is that level of sales at which there is no profit no loss. In other words at…

Q: As a general rule, when a firm decides to differentiate and become a market-leader on sustainability…

A: The main objective of promoting sustainability practices is to minimize the adverse impact of…

Q: Of the four listed below, ________ is the least close form of supplier integration Group of answer…

A: In the context of category management, supplier integration generally means that a supplier takes…

Q: Which one of the following choices presents the most comprehensive approach to thinking about…

A: A product's environmental footprint refers to the impact it has on the environment throughout its…

Q: Walmart’s sustainability index evolved into the THESIS Index and is currently operated as a…

A: Walmart has long been a leader in sustainability and corporate responsibility, and the company’s…

Q: Q2: a) Examine the data in the tables below for two competing window manufacturers and compare them…

A: Manufacturing is the process of producing goods and it plays a very important role in the…

Q: The strategically relevant factors outside a company's industry boundaries-economic conditions,…

A: The correct answer is : a company's macro-environment. The term "company's macro-environment" refers…

Q: how would a homebuilder, landlord, or property manager justify the use of energy star appliances in…

A: Energy star appliances are the products which uses less amount of energy. The more stars a product…

Q: A manufacturer is evaluating whether to outsource or perform in-house product specification testing.…

Q: You are invited to give a 15 minutes talk on sustainability to College of Science's students. Please…

A: Below is the solution:-

Q: Value engineering is a concept which offers best possible alternatives! Justify the statement along…

A: Value engineering is a systematic process of all the necessary functions of the project at a low…

Q: The following concepts all tall under sustainable marketing except for one, which is a. Glving extra…

A: The objective of sustainable marketing is to understand and meet the expectations of the present…

Q: For any industry to be successful, it has to be safe, reliable and sustainable in its operations.…

A: A hazard can be stated as something that can result in harm for example- working with electric…

Q: Sustainability refers to Multiple Choice O O O O the overall ability of the company to generate a…

A: Corporate governance is the theory which is aimed towards managing the business appropriate rules…

Q: Mercedes is assessing which of windshield suppliers provides a better environmental design for…

A: Alternative- PG Glass:Alternative- Glass Unlimited:Here, for each alternative, I will determine the…

Q: When an enterprise adopts a true DevOps approach, lines of business, practitioners, executives,…

A: DevOps often called Development and Operations is nothing but the amalgamation of cultural…

Q: In order to achieve a competitive advantage through a cost leadership strategy, a company must…

A: Cost leadership startegy is used to to have lower costs of operations of the firms activities by…

Q: Design a smart contract that aligns with your future career goals (Career goal= Data Entry)

A: The terms of a smart contract are directly encoded into lines of code, making it a self-executing…

Q: Choose one of the following products and describe how itmay (or already has) become vulnerable to…

A: Substitution suggests that something is taking the place of something else. Ingredients with…

Q: The following are true statements about quality systems except: a. The FDA’s quality systems…

A: Quality of any product is defined by every consumer individually. However, in general terms quality…

Q: How can you implement BPR successfully without falling into the pitfall? Which company I used as…

A: Business process re-engineering (BPR): Business process re-engineering is the comprehensive redesign…

Q: A company that pursues and achieves strategic objectives: Answer C) is frequently in…

A: The question is asking to identify the most accurate statement about a company that successfully…

Q: Why do new products fail? Pick an example of a product and a service that has failed and discuss the…

A: to understand the failure of the product first we need to understand what the product is. A product…

Q: Explain the picture below. purpose of reverse innovation how it works example

A: Innovation and change have become the key components for the success and failure of any business.…

Q: When formulating corporate strategy, managers must make the decisions about the stages of the…

A: Answer - True Explanation :- Corporate strategy is the strategy of companies which helps them to…

Question

Which of the following is true of companies that have already incorporated sustainability into their business?
O a. Decreased energy costs
O b. Deteriorating market share
O c. Increased insurance costs
O d. Decreased consumer demand
O e. Increased legal risks

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step 3

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.

Similar questions

Competitive advantage can be defined as: Group of answer choices A firm’s ability to establish market leadership. A firm’s ability to grow faster than its competitors. A firm’s potential to earn a rate of profit that is persistently higher than its rivals. A firm’s potential for launching innovative new products.
I need the answer as soon as possible
As a general rule, when a firm decides to differentiate and become a market-leader on sustainability it O can do so within the company's existing framework. can do so solely under the direction of the organization's top leaders. can do so only if the effort is embraced throughout the organization O shoudl do so in a way that causes minimal disruption in the normal functioning operations.
The threat of substitutes may be high if: Select one alternative: a. the substitute product does not provide enhanced functionality, reduced cost and better quality. b. switching costs are of concern to the customer. customers have strong existing brand loyalty. c. the substitute product provides a higher perceived value or benefit.
Identify and describe an American firm of your choice that is challenged in its production operations to support its basic business needs to manufacture a high-quality product, safely, within budget, and on schedule. Its operations management is characterized by a culture that supports the vision and mission statements. This business problem (its production operations) includes a mismanaged supply chain, massive overtime wage payouts to make up for lost time injuries, increasing turnover and no shows at the work site, and where there is a spike in customer complaints resulting in business loss and narrowing profit margins. As a decision maker, what action plan would you recommend to the senior leadership of the organization to take it from its current conditions to bring it closer to its ideal operating conditions (to become a company known for zero-defects, excellence in supply chain management, customer satisfaction, safe and reliable high-quality products, value to the customer,…
The benefits of conservation include all but which of the following? Select one: a. Tobacco companies put health labels on their packages b. Less waste is created c. More fuel efficient automobiles d. Containers and other packaging are being made biodegradable
Exactly what is meant by the expression "the producer-consumer dilemma"? Provide an example of how it may be found in the software of an operating system.
Using the company resources and capabilities, conduct a competitive strength assessment to compare the company with two of its main competitors (Mercedes Benz)
Identify what phase in product life cycle (introduction, growth, maturity, decline) are the following: a. Demand Stabilizesb.Boost in productionC. Increased public awarenessd. profit stabilizes
To calculate Customer Lifetime Value percisely requires precise numbers that are often only available to larger firms with large customers and large datasets. Is it necessary to calculate CLV percisely? Explain.
DTI encourages the small and medium businesses to create quality healthy products. a. Increase the availability and widen the distribution of basic-life sustaining goods b. Expand the range of economic and social choices. c. Raise levels of living.
TRUE OR FALSE Convenience are consumer products and services that customers usually buy frequently, immediately, and with a minimum of comparison and buying effort. * Environmental scanning is an analysis and evaluation process that businesses use to understand their current environment. * A business opportunity is a thought, impression, or notion of a business venture that could fill the gap; that is, satisfy a perceived need or solve a perceived problem. * When carrying out your SWOT Analysis, be realistic and careless. * Designing Mind is willing to experiment, to try new ideas over and over again, and learn from mistakes. * An ’invention’ is accomplished only with the first commercial transaction involving the new product, process, system or device * Product is the need-satisfying offering of a firm * Innovation Is a key function in the entrepreneurial process. * SWOT…