A firm that is ethically responsible and strategically values sustainability, looks at the impact of ____ forces.

Question

Quizplus · Accepted Answer

Macro forces refer to external factors beyond the control of the firm, such as economic, political, social, and environmental factors. A firm that values sustainability and ethical responsibility must consider the impact of these macro forces to create a long-term sustainable business model. Market forces (choice B) refer to the forces of competition and consumer demand within a specific industry, while task forces (choice C) are internal to the firm and are focused on achieving specific goals and objectives. Micro forces (choice D) refer to the specific elements of the task environment that impact the firm, such as suppliers, customers, and competitors. While important, they are not as relevant to a firm's strategic approach to sustainability and ethical responsibility as macro forces.

A Firm That Is Ethically Responsible and Strategically Values Sustainability