Asked by Nicole Enabosi on Apr 28, 2024
Verified
When deciding whom to involve in a sustainability initiative, a company should first:
A) conduct due diligence.
B) develop shared language.
C) create entrance strategies.
D) get the board of directors to buy into the collaboration.
Due Diligence
A comprehensive appraisal of a business or individual’s financial performance, legal obligations, and other details conducted before entering into an agreement or transaction.
- Determine methods to mitigate climate change effects and enhance sustainability in corporate procedures.
- Understand the core principles of sustainability in diverse business environments.
Verified Answer
JS
Jamal Saunders
Apr 30, 2024
Final Answer :
A
Explanation :
Conducting due diligence is crucial when deciding whom to involve in a sustainability initiative because it ensures that potential partners or collaborators align with the company's values, goals, and sustainability criteria, minimizing risks and enhancing the initiative's success.
Learning Objectives
- Determine methods to mitigate climate change effects and enhance sustainability in corporate procedures.
- Understand the core principles of sustainability in diverse business environments.
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