The economic development approach to the natural world suggests that sustainable business and sustainable economic development seek to create new ways of doing business in which business success is measured in terms of economic, ethical, and environmental sustainability.

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


False

Sustainable business and sustainable economic development seek to create new ways of doing business in which business success is measured in terms of economic, ethical, and environmental sustainability, often called the triple bottom line approach.

Business

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One option for generating alternative solutions by redefining the problem is to find a bride solution. Define "bridging."

What will be an ideal response?

Business

The equation that will provide the breakeven point in units (SP = selling price) is

a. BE units = (SP – VC) ÷ FC per unit. b. VC per unit + FC = SP per unit ? BE units. c. BE units = FC ÷ CM per unit. d. SP per unit – VC per unit = FC ÷ BE units.

Business

The market interest rate is also called the effective interest rate

Indicate whether the statement is true or false

Business

Modular design is an approach in which independently created units called modules ______.

a. can be combined with other modules b. can be recycled c. can be sold at a price below cost of production d. do not need to comply with government regulations

Business