Sustainable/green initiatives can be beneficial to firms in the following ways:

Question

Quizplus · Accepted Answer

Both choices a and c are correct. Sustainable/green initiatives can enhance supplier relationships by prioritizing suppliers with eco-friendly practices and creating a mutually beneficial partnership. Additionally, implementing sustainable practices such as reducing waste and energy consumption can result in cost savings and efficiencies for the firm. Therefore, the best choice is E which includes both a and c as correct answers. Choices B and D are incorrect as increased regulation and compliance requirements can be a burden for firms and sustainable initiatives do not necessarily decrease the need for relationship management.

Sustainable/green Initiatives Can Be Beneficial to Firms in the Following