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If an entrepreneur reduces costs by harming the environment, why is this decision wrong?

Answer and explanation

Correct answer: It is an unethical and unsustainable business decision

Reducing costs by polluting or damaging natural resources shifts the burden of business activity onto society and future generations. It conflicts with ethical responsibility and may also lead to penalties, clean-up costs, loss of reputation, and declining customer trust. A responsible entrepreneur seeks efficient methods that reduce waste without violating environmental standards. Therefore, environmental harm may create a short-term saving but is not a responsible or sustainable business strategy.

Related tags

Business-EthicsEnvironmental-ProtectionBusiness And Environmental ProtectionSocial Responsibilities Of Business And Business EthicsBusiness StudiesClass 11 Mcq

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