Answer the following statements true (T) or false (F)

1. In the tragedy of the Commons, Hardin refutes Adam Smith’s invisible hand by arguing that the self-interests of each individual do not always translate into the promotion of the public good for everyone.
2. An example of a company that has embraced ecobranding to its fullest is Timberland.
3. Firms with an ecobranding strategic focus do not aim to generate a higher profit margin for its products and services.
4. Once a firm has completed its sustainable strategy implementation then that is the end of the journey.
5. Employee led environmental innovation strategies do not add value to the firm’s
environmental credibility


1. TRUE
2. TRUE
3. FALSE
4. TRUE
5. FALSE

Business

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