What is meant by the sustainability sweet spot quizlet?
Show Recommended textbook solutions
Anderson's Business Law and the Legal Environment, Comprehensive Volume23rd EditionDavid Twomey, Marianne Jennings, Stephanie Greene 369 solutions
Operations Management13th EditionWilliam Stevenson 980 solutions Social Psychology10th EditionElliot Aronson, Robin M. Akert, Samuel R. Sommers, Timothy D. Wilson 525 solutions
Operations Management: Sustainability and Supply Chain Management12th EditionBarry Render, Chuck Munson, Jay Heizer 1,698 solutions Economic, social, and environmental impact metrics used to determine an organization's success. applies the 3Ps principle of sustainability (people, planet, profits), arguing that the environmental and social costs and benefits generated by an organization should be considered as well By measuring such "hidden" costs, a more accurate and complete account is given of an organization's total value. The terms "full cost accounting" and "true cost accounting" have been used to describe this approach. can be viewed as the performance measurement of an organization pursuing a strategy of CSR or sustainability (the terms are sometimes used interchangeably); its goal, then, is to achieve a positive ROI (return on investment) in each of the three areas. expands how an org interacts with stakeholders Stakeholders are all those affected by the organization's social, environmental, and economic impact can include communities, general public, vendors, environmental activists, municipalities, etc Recommended textbook solutionsIntermediate Accounting14th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield 1,471 solutions
Mathematics with Business Applications6th EditionMcGraw-Hill Education 3,760 solutions
Marketing Essentials: The Deca Connection1st EditionCarl A. Woloszyk, Grady Kimbrell, Lois Schneider Farese 1,600 solutions
Fundamentals of Financial Management, Concise Edition10th EditionEugene F. Brigham, Joel Houston 777 solutions Recommended textbook solutionsHuman Resource Management15th EditionJohn David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine 249 solutions
Information Technology Project Management: Providing Measurable Organizational Value5th EditionJack T. Marchewka 346 solutions Operations Management: Sustainability and Supply Chain Management12th EditionBarry Render, Chuck Munson, Jay Heizer 1,698 solutions
Human Resource Management15th EditionJohn David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine 249 solutions What is the sustainability sweet spot?Sustainability enhances profitability for the vast majority of companies. The key is to find your organization's "sustainability sweet spot": the place where the pursuit of profit blends seamlessly with the pursuit of the common good.
What does it mean to be sustainable quizlet?Terms in this set (10)
Sustainability. Being able to meet the needs of the present without compromising the ability of future generations to meet their own needs.
What is the relationship between corporate social responsibility CSR and sustainability?CSR is a business commitment that contributes to corporate social sustainability. Corporate social sustainability works with employees, their families, local communities and society at large to improve human-life quality, the environment and the economy in the long-term.
What is the relationship between corporate social responsibility CSR and sustainability quizlet?CSR focuses on social concerns; sustainability focuses on environmental concerns. Sustainability has completely replaced CSR. CSR encompasses sustainability. The definition of CSR has broadened from the traditional areas of ethics, governance, corporate philanthropy, and volunteerism to include sustainability.
|