Select the best answer. Some of the benefits to firms from employing sustainable strategies include
A)improved reputation and profit.
B)improved brand reputation, premium pricing and margins, attracting and retaining employees.
C)protecting the environment and earning industry respect.
D)none of the above.

Question

Quizplus · Accepted Answer

Option B highlights the most significant benefits that firms can derive from employing sustainable strategies. Improved brand reputation, premium pricing and margins, as well as attracting and retaining employees are some of the most tangible benefits that firms can enjoy. Along with these benefits, firms can also contribute towards protecting the environment and earn industry respect, but these may be seen as secondary to the primary benefits of improved reputation and profitability. Option A is close but not complete and Option D is incorrect as there are various benefits associated with sustainable strategies.

Select the Best Answer