Identify the correct statement regarding sustainable organizations.
A) They primarily focus on maximizing profits and delivering high returns to investors.
B) They focus on smooth turnover and outsourcing rather than long-term planning.
C) They are more concerned about justice and fairness rather than short-term profits.
D) They are less concerned about employee development and empowerment.
E) They are more concerned with the quantum of output than quality standards.

Question

Quizplus · Accepted Answer

Sustainable organizations prioritize justice and fairness over short-term profits. They strive to balance economic success with social and environmental responsibility, taking a long-term perspective on decision-making. This often involves developing and empowering employees and implementing high-quality standards for products and services. Smooth turnover and outsourcing may be used but are not the primary focus. Maximizing profits and focusing solely on output are not sustainable practices.

Identify the Correct Statement Regarding Sustainable Organizations