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Is business seen as good or bad for the environment by the public?
Although many feel that businesses are in it for the proverbial dollar and think of environmental issues as a long term problem and not a short term issue. Many news media stories talk about various nature polluting (water contamination, over logging, coral reef destruction etc) by business practices. However, we have seen a new trend where smaller scale firms can be seen as environmentally friendly by the millennial generation. Brands that establish positive environmental practices can grow market share and establish brand loyalty in this generations.
What do you think about this statement? True or False and why?
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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