Answer to Question 1
Eco-efficiency focuses on the concept of the double dividend. Companies that attempt to reduce wastes and inefficiencies within the system see positive results both financially and environmentally.
Environmental cost leadership involves developing a radical innovation that will allow the company to be more environmentally friendly while maintaining cost competitiveness.
Beyond compliance leadership involves companies wanting to increase their sustainability efforts, but also wanting these efforts to be acknowledged by the public. These companies often spend money on environmental certifications, such as LEEDS building certifications. The first-movers in an industry in this case have the greatest advantage. Those who take the first initiative are seen as innovative, while the rest of the companies within the industry are forced to follow suit.
Eco-branding strategies focus on the use of marketing differentiation based on the environmental attributes (e.g., organic, vegan, or fair-trade status) of products. There are three basic prerequisites that often exist for firms to successfully execute this approach: consumers must be willing to pay for the costs of ecological differentiation; reliable information about product's environmental performance must be readily available to the consumer; and the differentiation must be difficult to imitate by competitors.
Answer to Question 2
D
The posted octane rating in most high-altitude areas shows regular at 85 instead of the usual 87.
Four areas of secondary motor cortex—the supplementary motor area, the premotor cortex, and two ...
Core Areas in Preindustrial China
Describe the Conceptual Forecasting Framework in your own words.
Describe the Conceptual Forecasting Framework in your own words.
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...