Question

1. What is the opportunity for business to improve its profitability, competitiveness, and market share without compromising resources for future generations?

2. Ethics is about how we ought to behave toward ourselves and others in the context of the natural world. Do you agree/disagree? Explain

Answer 1

Ans.1. Idea of sustainability = Idea of sustainability is defined as business organisation should on meeting the needs of current generation without compromising the resources for future generation.

It encourages the businesses to take decisions with considering the environmental , humans, social aspects. Businesses can parellely earn profitability and expand their business operations with saving of natural resources.

Ans.2. Yes, I agree with statement, Ethics is about how we ought to behave towards ourselves and others in the context of the natural world. Ethics help us to undertand what is right or wrong about himself and themselves.

Ethics guide us to pursue on right path and achieve a desired goals and objectives.

Ethics helps us to take right decision making at a right time.

Ethics helps us to reduce stress and burden.

Ethics help us to increase productivity and improved performance.