Introduction to Sustainable Business

This chapter will introduce you to how businesses are increasingly acting with concern for the environment and society. Read Chapter 1 to see how companies can play a positive role in sustainability, follow legal and regulatory concerns, lower costs and increase profits, and achieve competitive advantages in the marketplace.

How can businesses play a positive role in helping to solve environmental and social problems? What are some examples of sustainable business practices? What does the term "triple bottom line" mean?

1.4 What Is Required for a Sustainability Perspective?

Exercises

  1. Do you agree or disagree with the statement "an open system is sustainable while a closed system is not"? Come up with specific examples to support your assertion.
  2. In your own words, define what is meant by outside-in linkages and inside-out linkages in a business context. Provide a specific example of each type of linkage.