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Which of the following is a key driver of business sustainability?Group of answer choicesAll the options are key drivers of business sustainability.Competition for resources.Climate change.Economic globalisation.

Question

Which of the following is a key driver of business sustainability?Group of answer choicesAll the options are key drivers of business sustainability.Competition for resources.Climate change.Economic globalisation.

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Solution

All the options are key drivers of business sustainability.

  1. Competition for resources: This drives businesses to find more efficient and sustainable ways to use resources, reducing waste and lowering costs.

  2. Climate change: This is a major concern for many businesses. Companies are increasingly recognizing the need to reduce their carbon footprint and implement sustainable practices to mitigate the effects of climate change.

  3. Economic globalization: This has increased the interdependence of economies and businesses around the world. Companies that operate globally are often subject to different environmental and social regulations, which can drive them to adopt more sustainable practices.

So, all these factors play a significant role in driving business sustainability.

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