Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In the CFDA's Guide to Sustainable Strategies, they discuss the business case for sustainability. They write- Sustainability is a business opportunity. Every year, the business

In the CFDA'sGuide to Sustainable Strategies, theydiscuss the business case for sustainability. They write-

Sustainability is a business opportunity. Every year, the business case for sustainability in fashion grows stronger as sustainability innovation offers opportunities for increased profitability. Evidence suggests that neglecting the fashion industry's environmental and social impact will affect business growth and profits. (Lebowitz, 2019, p.28).

Explain the meaning of this quote in the business world. You must include at least three terms from the list below and incorporate two business examples (fashion or otherwise) of what companies are doing now to make the world more sustainable.

Vision

Top Management Buy-in

Stakeholders

Core Values

Corporate Culture

Mission Statement

Lifecycle Assessment (LCA)

Marketing Practices

Greenwashing

Transparency

Triple Bottom Line

Benchmark

Fiscal Implications

Intrapreneurship

Accountability

Scalability

LEED

Externalities

Integration

Execution

Circular Economy

Collaborative Consumption

Sustainable Consumption

Conscious Capitalism

Tipping Point

Engagement

Cradle to Cradle

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Logistics

Authors: Paul R. Murphy, Michael Knemeyer

11th edition

132953463, 2900132953466, 978-0132953467

More Books

Students also viewed these General Management questions