In which situation will an entrepreneur's decision be considered more sustainable?
Answer and explanation
Correct answer: When the decision considers profit, society, and environment together
A sustainable business decision considers economic viability along with social and environmental effects over the longer term. Profit is necessary for continuity, but ignoring people, resources, or environmental damage can create future costs and harm. Seeking quick profit alone, increasing waste, or avoiding rules does not represent responsible sustainability. Hence A is correct.
Frequently asked questions
What is the correct answer to this question?
When the decision considers profit, society, and environment together
Why is this the correct answer?
A sustainable business decision considers economic viability along with social and environmental effects over the longer term. Profit is necessary for continuity, but ignoring people, resources, or environmental damage can create future costs and harm. Seeking quick profit alone, increasing waste, or avoiding rules does not represent responsible sustainability. Hence A is correct.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Social Responsibilities of Business and Business Ethics. Topic: Business and Environmental Protection.