For individuals and firms to focus on sustainability,it is crucial that they

Question

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Internalizing the monetary value of social and environmental costs means that individuals and firms are taking into account the true cost of their actions, rather than simply focusing on maximizing profits. This is a key component of sustainability, as it allows for a more holistic view of business operations and their impact on society and the environment. A and D may also be important for promoting sustainable practices, but C is the most essential as it represents a fundamental shift in thinking about business objectives. B refers specifically to environmental management standards and is not as broad as C.

For Individuals and Firms to Focus on Sustainability,it Is Crucial