Question

In: Operations Management

According to Epstein and Buhovac (2014), which of the following statements are correct? (more than one...

According to Epstein and Buhovac (2014), which of the following statements are correct? (more than one correct answer)

a) Sustainability may be or may not be an integral component of corporate strategy.

b) Leadership must be committed to be sustainability and build additional organizational capacity.

c) Sustainability strategies should be supported with mission, culture, and people as appropriate.

d) Sustainability strategies should be supported with management control, performance measurement, and reward systems, as appropriate.

Solutions

Expert Solution

All of the above.

(A) Sustainability may be or may not be an integral component of corporate strategy.

(B) Leadership must be committed to sustainability and build additional organizational capacity.

(C) Sustainability strategies should be supported with mission, culture, and people as appropriate.

(D) Sustainability strategies should be supported with management control, performance measurement, and reward systems, as appropriate.

Rationale

All the above points according to Epstein and Buhovac (2014) are necessary and critically important for an organization to formulate a sustainability strategy. They made this observation in their book called Making Sustainability Work - Best Practices in Managing and Measuring Corporate Social, Environmental, and Economic Impacts.

Thanks for your question. If you think my effort is worthwhile, please give an upvote as it really helps me improve further and contribute more towards this knowledge society (of which you are an integral part).


Related Solutions

Which of the following statements is correct regarding cost curves?   There is more than one correct...
Which of the following statements is correct regarding cost curves?   There is more than one correct answer to this question. You must mark all of the correct answers to receive full credit for this question. The average fixed cost curve is continually downward sloping. The slope of the total cost curve is marginal cost. The marginal cost curve passes through the minimum points of the average total cost curve and average fixed cost curve. The average total cost curve and...
Which of the following statements are TRUE? Note that there may be more than one correct...
Which of the following statements are TRUE? Note that there may be more than one correct answer; select all that are true. There are countably infinite values of X in a continuous uniform distribution. For a continuous uniform distribution defined on the interval [a,b], P(X < a) and P(X > b) is undefined. The mean and the variance of a continuous uniform random variable are the same. In a continuous uniform distribution, the mean and the median are the same....
20. Which of the following statements is correct regarding cost curves?   There is more than one...
20. Which of the following statements is correct regarding cost curves?   There is more than one correct answer to this question. You must mark all of the correct answers to receive full credit for this question. Group of answer choices The total fixed cost curve is a horizontal line. The average total cost curve and average variable cost curve get closer to each other as you move from left to right in the graph. The average fixed cost curve is...
Which of the following statements is correct? a. When you define more than one page (view)...
Which of the following statements is correct? a. When you define more than one page (view) in a jQuery Mobile powered HTML document, you distinguish between them by giving each div with data_role of page a unique name. b. When having more than one page in a jQuery Mobile powered HTML document, they all must share the same header and footer divs. c. The property data-role="list-dividers" adds list dividers within a jQuery Mobile (un)ordered list. d. A jQuery Mobile allows...
Which of the following statements is correct? More than 1 answer may be correct. a) Cilia...
Which of the following statements is correct? More than 1 answer may be correct. a) Cilia continue to work effectively in people with late-stage COPD b) The only cause of COPD is smoking c) People with COPD tend to develop chronic O2 retention d) Arterial blood was immediately drawn to analyze the levels of O2, CO2, and pH
Which of the following statements concerning the variance are correct? (NOTE: THERE CAN BE MORE THAN...
Which of the following statements concerning the variance are correct? (NOTE: THERE CAN BE MORE THAN ONE CORRECT ANSWER) a.The larger the variance, the greater the total risk of the investment. b.If a stock portfolio is well-diversified, then the portfolio variance may be less than the variance of the least risky stock in the portfolio. c.The larger the variance, the smaller the standard deviation. d.The larger the variance, the more the actual returns tend to differ from the average return....
Which of the following statements is CORRECT? a. Sole proprietorships are subject to more regulations than...
Which of the following statements is CORRECT? a. Sole proprietorships are subject to more regulations than corporations. b. One of the disadvantages of incorporating a business is that the owners then become subject to liabilities in the event the firm goes bankrupt. c. Corporations of all types are subject to the corporate income tax. d. Sole proprietorships and partnerships generally have a tax advantage over many corporations, especially large ones. e. In any type of partnership, every partner has the...
Which of the following statements is NOT correct? Select one or more: a. A balance sheet...
Which of the following statements is NOT correct? Select one or more: a. A balance sheet reports on a company’s assets and liabilities over a period of time. b. The statement of equity reports on changes in the accounts that make up equity c. The statement of cash flows reports on cash flows from operating, investing, and financing activities over a period of time. d. A balance sheet reports on resources and the claim of resources at a point of...
A) Which of the following statements are true? Note that there may be more than one...
A) Which of the following statements are true? Note that there may be more than one correct answer; select all that are true. As the p-value increases, the evidence against the null hypothesis also increases. In hypothesis testing, if the p-value is sufficiently small, then the null hypothesis can be rejected in favour of the alternate hypothesis. If the null hypothesis is true, then the p-value will always be greater than 0.1. If the null hypothesis is false, then the...
Which of the following statements are correct (Select all that apply): Select one or more: A....
Which of the following statements are correct (Select all that apply): Select one or more: A. An income statement reports on financing activities. B. A balance sheet reports on investing and financing activities. C. The statement of cash flows reports on cash flows from operating, investing, and financing activities over a period of time. D. A balance sheet reports on a company's assets and liabilities over a period of time. E. The statement of equity reports on changes in the...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT