Which of the following is a benefit of businesses prioritizing environmental sustainability?
a. Increased dependency on non-renewable resources.
b. Alignment with consumer demand for eco-friendly products and services.
c. Reduced importance of ethical decision-making.
d. Decrease in stakeholder engagement and loyalty.
Answer (2)
The question is about the benefits of businesses prioritizing environmental sustainability. Let's examine each option to understand why one of them is the best choice:
Increased dependency on non-renewable resources: This option is not a benefit of prioritizing environmental sustainability. In fact, it's quite the opposite. Environmental sustainability focuses on reducing dependency on non-renewable resources by encouraging the use of renewable and sustainable resources.
Alignment with consumer demand for eco-friendly products and services: This is a significant benefit of prioritizing environmental sustainability. Many consumers today prefer eco-friendly products and services. By focusing on sustainability, businesses can align themselves with consumer demand, potentially increasing customer satisfaction and sales.
Reduced importance of ethical decision-making: This option does not align with the goals of environmental sustainability. Ethical decision-making is an integral part of sustainability initiatives, ensuring that business practices are responsible and transparent.
Decrease in stakeholder engagement and loyalty: This is not a benefit. In fact, focusing on sustainability often increases stakeholder engagement and builds loyalty, as stakeholders are more likely to support a company that is seen as environmentally responsible.
Taking these points into consideration, the correct choice is 'b. Alignment with consumer demand for eco-friendly products and services.' This reflects the growing trend where consumers are looking for products and services that do not harm the environment, and businesses can benefit by meeting this demand.
The correct answer is 'b. Alignment with consumer demand for eco-friendly products and services,' as businesses prioritizing environmental sustainability can meet the growing consumer desire for eco-friendly options. By doing so, they enhance customer satisfaction and can potentially increase sales. The other options do not represent benefits of sustainability.
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