The most successful global businesses in coming years will be those companies that:

Question

Quizplus · Accepted Answer

Recognizing the imperative for sustainable development as an opportunity for both competitive advantage and ethical action would lead to a long-term focus on environmentally conscious practices, which is likely to be rewarded by consumers, investors, and governments in the future. Developing short-term partnerships may be helpful in transferring technology, but it may not provide a sustainable competitive advantage. Avoiding fully accounting for environmental costs is not a responsible business practice and is unlikely to be rewarded in the long run. Producing products with a limited useful life is not environmentally conscious and could be seen as a negative practice by customers and regulators.

The Most Successful Global Businesses in Coming Years Will Be