'Enlightened self-interest' means that businesses:
A) Will sacrifice financial returns in order to improve social and environmental performance
B) Will not sacrifice financial returns in order to improve social and environmental performance
C) Do not believe there is a conflict between financial returns and social and environmental performance
D) None of the given options is correct

Question

Quizplus · Accepted Answer

'Enlightened self-interest' suggests that businesses recognize that there is no conflict between financial returns and social and environmental performance. In other words, a company can prioritize its own interests and profitability while also being socially and environmentally responsible. This approach recognizes that these aspects are interconnected and that acting responsibly in one area can ultimately benefit the company as a whole. Therefore, option C is the correct answer.

'Enlightened Self-Interest' Means That Businesses