In which situation will an entrepreneur’s decision be considered most sustainable?
Answer and explanation
Correct answer: Considering profit along with society and the environment
A sustainable business decision considers whether the enterprise can remain viable while limiting harm and creating value for society and the environment. Profit is important because operations must continue, but short-term earnings alone do not establish sustainability. Lowering quality or ignoring stakeholders can damage trust and long-term viability.
Frequently asked questions
What is the correct answer to this question?
Considering profit along with society and the environment
Why is this the correct answer?
A sustainable business decision considers whether the enterprise can remain viable while limiting harm and creating value for society and the environment. Profit is important because operations must continue, but short-term earnings alone do not establish sustainability. Lowering quality or ignoring stakeholders can damage trust and long-term viability.
Which subject and chapter does this question cover?
This is a Class 12 Business Studies question. Chapter: Business Environment.
