Question: 1. Some financial payoffs from sustainability performance include: a) Reduced operating costs, lower capital costs, stock market premiums, and lower administrative costs. b) Reduced operating
1. Some financial payoffs from sustainability performance include:
a) Reduced operating costs, lower capital costs, stock market premiums, and lower administrative costs.
b) Reduced operating costs, new market opportunities, process innovation and reduced risk.
c) Lower capital costs, productivity gains, waste minimization and increased revenues.
2. Effective risk management includes the following:
a) identifying the corporate environment that might impact risk, identifying risk, evaluation potential effects of the risk.
b) Reviewing quality systems, transferring risk and implementing control activities.
c) identifying the corporate environment that might impact risk, evaluating external factors driving risk, investing in assets to improve to improve risk coverage.
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