What is the simple meaning of sustainability in business?
Answer and explanation
Correct answer: Running an enterprise that can last economically, socially, and environmentally
Business sustainability means creating value and continuing operations over the long term while balancing economic viability with social responsibility and environmental care. It may involve efficient resource use, fair treatment, safe products, and attention to future effects. Focusing only on immediate profit or wasting resources can weaken future performance, so option A is the correct broad meaning.
Frequently asked questions
What is the correct answer to this question?
Running an enterprise that can last economically, socially, and environmentally
Why is this the correct answer?
Business sustainability means creating value and continuing operations over the long term while balancing economic viability with social responsibility and environmental care. It may involve efficient resource use, fair treatment, safe products, and attention to future effects. Focusing only on immediate profit or wasting resources can weaken future performance, so option A is the correct broad meaning.
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.
