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Directions: Read the passage carefully and select the best answer out of the given four alternatives.
Business sustainability has come a long way. From the dawn of the modern environmental movement and the establishment of environmental regulations in the 1970s, it has become a strategic concern driven by market forces. Today, more than 90 percent of CEOs state that sustainability is important to their company's success, and companies develop sustainability strategies, market sustainable products and services, create positions such as chief sustainability officer, and publish sustainability reports for consumers, investors, activists, and the public at large. This trend will not abate anytime soon.
Surveys show that 88 percent of business school students think that learning about social and environmental issues in business is a priority, and 67 percent want to incorporate environmental sustainability into their future jobs. For all this interest, we should expect the world to become more sustainable. But problems such as climate change, water scarcity, species extinction, and many others continue to worsen. Sustainable business is reaching the limits of what it can accomplish in its present form. It is slowing the velocity at which we are approaching a crisis, but we are not changing course. Instead of tinkering around the edges of the market with new products and services, business must now transform it. That is the focus of the next phase of business sustainability, and we can see signs that it is emerging.
The first phase of business sustainability, called "enterprise integration," is founded on a model of business responding to market shifts to increase competitive positioning by integrating sustainability into pre existing business considerations. By contrast, the next phase of business sustainability, what we call "market transformation," is founded on a model of business transforming the market. Instead of waiting for a market shift to create incentives for sustainable practices, companies are creating those shifts to enable new forms of business sustainability.
Enterprise integration is geared toward present-day measures of success; market transformation will help companies create tomorrow's measures. The first is focused on reducing un-sustainability; the second is focused on creating sustainability. The first attends to symptoms; the second attends to causes. The first focuses primarily inward toward the health and vitality of the organisation; the second expands that focus to look outward toward the health and vitality of the market and society in which the organisation operates. The first will help future leaders get a job in today's marketplace; the second will help them develop a target for a lifelong career. The first is incremental, the second transformational.
Changing the way we do business is essential to addressing the challenges of environmental degradation. The market is the most powerful institution on earth, and business is the most powerful entity within it. Business transcends national boundaries, and it possesses resources that exceed those of many nation-states. Business is responsible for producing the buildings we live and work in, the food we eat, the clothes we wear, the automobiles we drive, the energy that propels them, and the next form of mobility that will replace them. This does not mean that only business can generate solutions, but with its unmatched powers of ideation, production, and distribution, business is best positioned to bring the change we need at the scale we need it.
Q. What is the flaw in `sustainable business' as it is perceived today as mentioned in the passage?
  • a)
    Considerable financial involvement negates any advantages that accrue due to such measures.
  • b)
    The approach is not as comprehensive to accommodate present environmental problems.
  • c)
    Long implementation periods for conservation plans delay the desired outcomes.
  • d)
    Although it helps us to slow down the pace of damage, it does not help us revert or cease it.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Directions: Read the passage carefully and select the best answer out...
Flaw in Sustainable Business:
The flaw in sustainable business as it is perceived today is that, although it helps us to slow down the pace of damage to the environment, it does not help us revert or cease it completely.
Explanation:
1. Slowing down the pace of damage:
- Sustainable business practices focus on reducing un-sustainability by integrating environmental considerations into business operations.
- This approach helps in slowing down the rate at which environmental degradation is occurring.
- Companies are making efforts to minimize their negative impact on the environment through sustainable strategies.
2. Inability to revert or cease environmental damage:
- Despite the efforts to slow down environmental damage, the current approach of sustainable business is not comprehensive enough to fully address present environmental problems.
- Issues like climate change, water scarcity, and species extinction continue to worsen, indicating that the current approach is not sufficient to revert or cease environmental damage.
- Sustainable business needs to evolve from simply reducing un-sustainability to actively creating sustainability and addressing the root causes of environmental problems.
In conclusion, the flaw in sustainable business lies in its limited ability to bring about transformative change that is necessary to address the environmental challenges we face today. Simply slowing down the pace of damage is not enough; a more comprehensive and transformational approach is needed to create a truly sustainable future.
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Community Answer
Directions: Read the passage carefully and select the best answer out...
According to `It is slowing the velocity at which we are...we are not changing course' in the second paragraph, it is clear that (4) is correct. Nothing with respect to costs or time involvement is mentioned or inferable. Hence (1) and (3) are incorrect.
Nothing with respect to (2) can be inferred. The fault is with the inherent model rather than its comprehensiveness.
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Directions: Read the passage carefully and select the best answer out of the given four alternatives.Business sustainability has come a long way. From the dawn of the modern environmental movement and the establishment of environmental regulations in the 1970s, it has become a strategic concern driven by market forces. Today, more than 90 percent of CEOs state that sustainability is important to their company's success, and companies develop sustainability strategies, market sustainable products and services, create positions such as chief sustainability officer, and publish sustainability reports for consumers, investors, activists, and the public at large. This trend will not abate anytime soon.Surveys show that 88 percent of business school students think that learning about social and environmental issues in business is a priority, and 67 percent want to incorporate environmental sustainability into their future jobs. For all this interest, we should expect the world to become more sustainable. But problems such as climate change, water scarcity, species extinction, and many others continue to worsen. Sustainable business is reaching the limits of what it can accomplish in its present form. It is slowing the velocity at which we are approaching a crisis, but we are not changing course. Instead of tinkering around the edges of the market with new products and services, business must now transform it. That is the focus of the next phase of business sustainability, and we can see signs that it is emerging.The first phase of business sustainability, called "enterprise integration," is founded on a model of business responding to market shifts to increase competitive positioning by integrating sustainability into pre existing business considerations. By contrast, the next phase of business sustainability, what we call "market transformation," is founded on a model of business transforming the market. Instead of waiting for a market shift to create incentives for sustainable practices, companies are creating those shifts to enable new forms of business sustainability.Enterprise integration is geared toward present-day measures of success; market transformation will help companies create tomorrow's measures. The first is focused on reducing un-sustainability; the second is focused on creating sustainability. The first attends to symptoms; the second attends to causes. The first focuses primarily inward toward the health and vitality of the organisation; the second expands that focus to look outward toward the health and vitality of the market and society in which the organisation operates. The first will help future leaders get a job in today's marketplace; the second will help them develop a target for a lifelong career. The first is incremental, the second transformational.Changing the way we do business is essential to addressing the challenges of environmental degradation. The market is the most powerful institution on earth, and business is the most powerful entity within it. Business transcends national boundaries, and it possesses resources that exceed those of many nation-states. Business is responsible for producing the buildings we live and work in, the food we eat, the clothes we wear, the automobiles we drive, the energy that propels them, and the next form of mobility that will replace them. This does not mean that only business can generate solutions, but with its unmatched powers of ideation, production, and distribution, business is best positioned to bring the change we need at the scale we need it.Q. Which of the following is a feature of the 'market transformation' strategy as mentioned in the passage?

Directions: Read the passage carefully and select the best answer out of the given four alternatives.Business sustainability has come a long way. From the dawn of the modern environmental movement and the establishment of environmental regulations in the 1970s, it has become a strategic concern driven by market forces. Today, more than 90 percent of CEOs state that sustainability is important to their company's success, and companies develop sustainability strategies, market sustainable products and services, create positions such as chief sustainability officer, and publish sustainability reports for consumers, investors, activists, and the public at large. This trend will not abate anytime soon.Surveys show that 88 percent of business school students think that learning about social and environmental issues in business is a priority, and 67 percent want to incorporate environmental sustainability into their future jobs. For all this interest, we should expect the world to become more sustainable. But problems such as climate change, water scarcity, species extinction, and many others continue to worsen. Sustainable business is reaching the limits of what it can accomplish in its present form. It is slowing the velocity at which we are approaching a crisis, but we are not changing course. Instead of tinkering around the edges of the market with new products and services, business must now transform it. That is the focus of the next phase of business sustainability, and we can see signs that it is emerging.The first phase of business sustainability, called "enterprise integration," is founded on a model of business responding to market shifts to increase competitive positioning by integrating sustainability into pre existing business considerations. By contrast, the next phase of business sustainability, what we call "market transformation," is founded on a model of business transforming the market. Instead of waiting for a market shift to create incentives for sustainable practices, companies are creating those shifts to enable new forms of business sustainability.Enterprise integration is geared toward present-day measures of success; market transformation will help companies create tomorrow's measures. The first is focused on reducing un-sustainability; the second is focused on creating sustainability. The first attends to symptoms; the second attends to causes. The first focuses primarily inward toward the health and vitality of the organisation; the second expands that focus to look outward toward the health and vitality of the market and society in which the organisation operates. The first will help future leaders get a job in today's marketplace; the second will help them develop a target for a lifelong career. The first is incremental, the second transformational.Changing the way we do business is essential to addressing the challenges of environmental degradation. The market is the most powerful institution on earth, and business is the most powerful entity within it. Business transcends national boundaries, and it possesses resources that exceed those of many nation-states. Business is responsible for producing the buildings we live and work in, the food we eat, the clothes we wear, the automobiles we drive, the energy that propels them, and the next form of mobility that will replace them. This does not mean that only business can generate solutions, but with its unmatched powers of ideation, production, and distribution, business is best positioned to bring the change we need at the scale we need it.Q. Which of the following is not a difference between 'enterprise integration (first)' and 'market transformation (secon d)' approach?

Directions: Read the passage carefully and select the best answer out of the given four alternatives.Business sustainability has come a long way. From the dawn of the modern environmental movement and the establishment of environmental regulations in the 1970s, it has become a strategic concern driven by market forces. Today, more than 90 percent of CEOs state that sustainability is important to their company's success, and companies develop sustainability strategies, market sustainable products and services, create positions such as chief sustainability officer, and publish sustainability reports for consumers, investors, activists, and the public at large. This trend will not abate anytime soon.Surveys show that 88 percent of business school students think that learning about social and environmental issues in business is a priority, and 67 percent want to incorporate environmental sustainability into their future jobs. For all this interest, we should expect the world to become more sustainable. But problems such as climate change, water scarcity, species extinction, and many others continue to worsen. Sustainable business is reaching the limits of what it can accomplish in its present form. It is slowing the velocity at which we are approaching a crisis, but we are not changing course. Instead of tinkering around the edges of the market with new products and services, business must now transform it. That is the focus of the next phase of business sustainability, and we can see signs that it is emerging.The first phase of business sustainability, called "enterprise integration," is founded on a model of business responding to market shifts to increase competitive positioning by integrating sustainability into pre existing business considerations. By contrast, the next phase of business sustainability, what we call "market transformation," is founded on a model of business transforming the market. Instead of waiting for a market shift to create incentives for sustainable practices, companies are creating those shifts to enable new forms of business sustainability.Enterprise integration is geared toward present-day measures of success; market transformation will help companies create tomorrow's measures. The first is focused on reducing un-sustainability; the second is focused on creating sustainability. The first attends to symptoms; the second attends to causes. The first focuses primarily inward toward the health and vitality of the organisation; the second expands that focus to look outward toward the health and vitality of the market and society in which the organisation operates. The first will help future leaders get a job in today's marketplace; the second will help them develop a target for a lifelong career. The first is incremental, the second transformational.Changing the way we do business is essential to addressing the challenges of environmental degradation. The market is the most powerful institution on earth, and business is the most powerful entity within it. Business transcends national boundaries, and it possesses resources that exceed those of many nation-states. Business is responsible for producing the buildings we live and work in, the food we eat, the clothes we wear, the automobiles we drive, the energy that propels them, and the next form of mobility that will replace them. This does not mean that only business can generate solutions, but with its unmatched powers of ideation, production, and distribution, business is best positioned to bring the change we need at the scale we need it.Q. What is the meaning of 'enterprise integration' as mentioned in the passage?

Directions: Read the passage carefully and select the best answer out of the given four alternatives.Business sustainability has come a long way. From the dawn of the modern environmental movement and the establishment of environmental regulations in the 1970s, it has become a strategic concern driven by market forces. Today, more than 90 percent of CEOs state that sustainability is important to their company's success, and companies develop sustainability strategies, market sustainable products and services, create positions such as chief sustainability officer, and publish sustainability reports for consumers, investors, activists, and the public at large. This trend will not abate anytime soon.Surveys show that 88 percent of business school students think that learning about social and environmental issues in business is a priority, and 67 percent want to incorporate environmental sustainability into their future jobs. For all this interest, we should expect the world to become more sustainable. But problems such as climate change, water scarcity, species extinction, and many others continue to worsen. Sustainable business is reaching the limits of what it can accomplish in its present form. It is slowing the velocity at which we are approaching a crisis, but we are not changing course. Instead of tinkering around the edges of the market with new products and services, business must now transform it. That is the focus of the next phase of business sustainability, and we can see signs that it is emerging.The first phase of business sustainability, called "enterprise integration," is founded on a model of business responding to market shifts to increase competitive positioning by integrating sustainability into pre existing business considerations. By contrast, the next phase of business sustainability, what we call "market transformation," is founded on a model of business transforming the market. Instead of waiting for a market shift to create incentives for sustainable practices, companies are creating those shifts to enable new forms of business sustainability.Enterprise integration is geared toward present-day measures of success; market transformation will help companies create tomorrow's measures. The first is focused on reducing un-sustainability; the second is focused on creating sustainability. The first attends to symptoms; the second attends to causes. The first focuses primarily inward toward the health and vitality of the organisation; the second expands that focus to look outward toward the health and vitality of the market and society in which the organisation operates. The first will help future leaders get a job in today's marketplace; the second will help them develop a target for a lifelong career. The first is incremental, the second transformational.Changing the way we do business is essential to addressing the challenges of environmental degradation. The market is the most powerful institution on earth, and business is the most powerful entity within it. Business transcends national boundaries, and it possesses resources that exceed those of many nation-states. Business is responsible for producing the buildings we live and work in, the food we eat, the clothes we wear, the automobiles we drive, the energy that propels them, and the next form of mobility that will replace them. This does not mean that only business can generate solutions, but with its unmatched powers of ideation, production, and distribution, business is best positioned to bring the change we need at the scale we need it.Q. Which of the following is an example of a business adopting 'market transformation' as a strategy?

Read the passage below and answer the questions that follow.Since the 1960s, Chinas average ecological footprint - a measure of human pressure on the Earths natural resources - has grown rapidly. A world consuming resources and producing waste at Chinese levels for 2007 would need the equivalent of 1.2 planets to support its activities (the global average in 2007 was 1.5 planets). Aspart of its economic expansion, China has become a major consumer of oil, gas, coal, metals, timber and fish, increasingly sourcing them outside its borders and often from developing countries in Africa, South-East Asia and Latin America.The Chinese government has recognized the challenges of environmental problems linked to economic development and has placed environmental sustainability high on the political agenda. This is an opportunity that the world cannot afford to miss.One of the key features of the latest China five-year plans is the so- called Going Global Strategy, which encourages Chinese companies to invest overseas. As part of this economic expansion, Chinas outward investment has surged and the trend is likely to continue.With the 12th five-year plan approved in 2011, China has adopted a number of significant environmental targets. It is important that the same principles of sustainability are applied to overseas investments, so that Chinas development can benefit partner countries, while contributing to the conservation of the planets natural environment.Q.Which of the following is least suitable to describe the passage

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Directions: Read the passage carefully and select the best answer out of the given four alternatives.Business sustainability has come a long way. From the dawn of the modern environmental movement and the establishment of environmental regulations in the 1970s, it has become a strategic concern driven by market forces. Today, more than 90 percent of CEOs state that sustainability is important to their company's success, and companies develop sustainability strategies, market sustainable products and services, create positions such as chief sustainability officer, and publish sustainability reports for consumers, investors, activists, and the public at large. This trend will not abate anytime soon.Surveys show that 88 percent of business school students think that learning about social and environmental issues in business is a priority, and 67 percent want to incorporate environmental sustainability into their future jobs. For all this interest, we should expect the world to become more sustainable. But problems such as climate change, water scarcity, species extinction, and many others continue to worsen. Sustainable business is reaching the limits of what it can accomplish in its present form. It is slowing the velocity at which we are approaching a crisis, but we are not changing course. Instead of tinkering around the edges of the market with new products and services, business must now transform it. That is the focus of the next phase of business sustainability, and we can see signs that it is emerging.The first phase of business sustainability, called "enterprise integration," is founded on a model of business responding to market shifts to increase competitive positioning by integrating sustainability into pre existing business considerations. By contrast, the next phase of business sustainability, what we call "market transformation," is founded on a model of business transforming the market. Instead of waiting for a market shift to create incentives for sustainable practices, companies are creating those shifts to enable new forms of business sustainability.Enterprise integration is geared toward present-day measures of success; market transformation will help companies create tomorrow's measures. The first is focused on reducing un-sustainability; the second is focused on creating sustainability. The first attends to symptoms; the second attends to causes. The first focuses primarily inward toward the health and vitality of the organisation; the second expands that focus to look outward toward the health and vitality of the market and society in which the organisation operates. The first will help future leaders get a job in today's marketplace; the second will help them develop a target for a lifelong career. The first is incremental, the second transformational.Changing the way we do business is essential to addressing the challenges of environmental degradation. The market is the most powerful institution on earth, and business is the most powerful entity within it. Business transcends national boundaries, and it possesses resources that exceed those of many nation-states. Business is responsible for producing the buildings we live and work in, the food we eat, the clothes we wear, the automobiles we drive, the energy that propels them, and the next form of mobility that will replace them. This does not mean that only business can generate solutions, but with its unmatched powers of ideation, production, and distribution, business is best positioned to bring the change we need at the scale we need it.Q. What is the flaw in `sustainable business' as it is perceived today as mentioned in the passage?a)Considerable financial involvement negates any advantages that accrue due to such measures.b)The approach is not as comprehensive to accommodate present environmental problems.c)Long implementation periods for conservation plans delay the desired outcomes.d)Although it helps us to slow down the pace of damage, it does not help us revert or cease it.Correct answer is option 'D'. Can you explain this answer?
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Directions: Read the passage carefully and select the best answer out of the given four alternatives.Business sustainability has come a long way. From the dawn of the modern environmental movement and the establishment of environmental regulations in the 1970s, it has become a strategic concern driven by market forces. Today, more than 90 percent of CEOs state that sustainability is important to their company's success, and companies develop sustainability strategies, market sustainable products and services, create positions such as chief sustainability officer, and publish sustainability reports for consumers, investors, activists, and the public at large. This trend will not abate anytime soon.Surveys show that 88 percent of business school students think that learning about social and environmental issues in business is a priority, and 67 percent want to incorporate environmental sustainability into their future jobs. For all this interest, we should expect the world to become more sustainable. But problems such as climate change, water scarcity, species extinction, and many others continue to worsen. Sustainable business is reaching the limits of what it can accomplish in its present form. It is slowing the velocity at which we are approaching a crisis, but we are not changing course. Instead of tinkering around the edges of the market with new products and services, business must now transform it. That is the focus of the next phase of business sustainability, and we can see signs that it is emerging.The first phase of business sustainability, called "enterprise integration," is founded on a model of business responding to market shifts to increase competitive positioning by integrating sustainability into pre existing business considerations. By contrast, the next phase of business sustainability, what we call "market transformation," is founded on a model of business transforming the market. Instead of waiting for a market shift to create incentives for sustainable practices, companies are creating those shifts to enable new forms of business sustainability.Enterprise integration is geared toward present-day measures of success; market transformation will help companies create tomorrow's measures. The first is focused on reducing un-sustainability; the second is focused on creating sustainability. The first attends to symptoms; the second attends to causes. The first focuses primarily inward toward the health and vitality of the organisation; the second expands that focus to look outward toward the health and vitality of the market and society in which the organisation operates. The first will help future leaders get a job in today's marketplace; the second will help them develop a target for a lifelong career. The first is incremental, the second transformational.Changing the way we do business is essential to addressing the challenges of environmental degradation. The market is the most powerful institution on earth, and business is the most powerful entity within it. Business transcends national boundaries, and it possesses resources that exceed those of many nation-states. Business is responsible for producing the buildings we live and work in, the food we eat, the clothes we wear, the automobiles we drive, the energy that propels them, and the next form of mobility that will replace them. This does not mean that only business can generate solutions, but with its unmatched powers of ideation, production, and distribution, business is best positioned to bring the change we need at the scale we need it.Q. What is the flaw in `sustainable business' as it is perceived today as mentioned in the passage?a)Considerable financial involvement negates any advantages that accrue due to such measures.b)The approach is not as comprehensive to accommodate present environmental problems.c)Long implementation periods for conservation plans delay the desired outcomes.d)Although it helps us to slow down the pace of damage, it does not help us revert or cease it.Correct answer is option 'D'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Directions: Read the passage carefully and select the best answer out of the given four alternatives.Business sustainability has come a long way. From the dawn of the modern environmental movement and the establishment of environmental regulations in the 1970s, it has become a strategic concern driven by market forces. Today, more than 90 percent of CEOs state that sustainability is important to their company's success, and companies develop sustainability strategies, market sustainable products and services, create positions such as chief sustainability officer, and publish sustainability reports for consumers, investors, activists, and the public at large. This trend will not abate anytime soon.Surveys show that 88 percent of business school students think that learning about social and environmental issues in business is a priority, and 67 percent want to incorporate environmental sustainability into their future jobs. For all this interest, we should expect the world to become more sustainable. But problems such as climate change, water scarcity, species extinction, and many others continue to worsen. Sustainable business is reaching the limits of what it can accomplish in its present form. It is slowing the velocity at which we are approaching a crisis, but we are not changing course. Instead of tinkering around the edges of the market with new products and services, business must now transform it. That is the focus of the next phase of business sustainability, and we can see signs that it is emerging.The first phase of business sustainability, called "enterprise integration," is founded on a model of business responding to market shifts to increase competitive positioning by integrating sustainability into pre existing business considerations. By contrast, the next phase of business sustainability, what we call "market transformation," is founded on a model of business transforming the market. Instead of waiting for a market shift to create incentives for sustainable practices, companies are creating those shifts to enable new forms of business sustainability.Enterprise integration is geared toward present-day measures of success; market transformation will help companies create tomorrow's measures. The first is focused on reducing un-sustainability; the second is focused on creating sustainability. The first attends to symptoms; the second attends to causes. The first focuses primarily inward toward the health and vitality of the organisation; the second expands that focus to look outward toward the health and vitality of the market and society in which the organisation operates. The first will help future leaders get a job in today's marketplace; the second will help them develop a target for a lifelong career. The first is incremental, the second transformational.Changing the way we do business is essential to addressing the challenges of environmental degradation. The market is the most powerful institution on earth, and business is the most powerful entity within it. Business transcends national boundaries, and it possesses resources that exceed those of many nation-states. Business is responsible for producing the buildings we live and work in, the food we eat, the clothes we wear, the automobiles we drive, the energy that propels them, and the next form of mobility that will replace them. This does not mean that only business can generate solutions, but with its unmatched powers of ideation, production, and distribution, business is best positioned to bring the change we need at the scale we need it.Q. What is the flaw in `sustainable business' as it is perceived today as mentioned in the passage?a)Considerable financial involvement negates any advantages that accrue due to such measures.b)The approach is not as comprehensive to accommodate present environmental problems.c)Long implementation periods for conservation plans delay the desired outcomes.d)Although it helps us to slow down the pace of damage, it does not help us revert or cease it.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Read the passage carefully and select the best answer out of the given four alternatives.Business sustainability has come a long way. From the dawn of the modern environmental movement and the establishment of environmental regulations in the 1970s, it has become a strategic concern driven by market forces. Today, more than 90 percent of CEOs state that sustainability is important to their company's success, and companies develop sustainability strategies, market sustainable products and services, create positions such as chief sustainability officer, and publish sustainability reports for consumers, investors, activists, and the public at large. This trend will not abate anytime soon.Surveys show that 88 percent of business school students think that learning about social and environmental issues in business is a priority, and 67 percent want to incorporate environmental sustainability into their future jobs. For all this interest, we should expect the world to become more sustainable. But problems such as climate change, water scarcity, species extinction, and many others continue to worsen. Sustainable business is reaching the limits of what it can accomplish in its present form. It is slowing the velocity at which we are approaching a crisis, but we are not changing course. Instead of tinkering around the edges of the market with new products and services, business must now transform it. That is the focus of the next phase of business sustainability, and we can see signs that it is emerging.The first phase of business sustainability, called "enterprise integration," is founded on a model of business responding to market shifts to increase competitive positioning by integrating sustainability into pre existing business considerations. By contrast, the next phase of business sustainability, what we call "market transformation," is founded on a model of business transforming the market. Instead of waiting for a market shift to create incentives for sustainable practices, companies are creating those shifts to enable new forms of business sustainability.Enterprise integration is geared toward present-day measures of success; market transformation will help companies create tomorrow's measures. The first is focused on reducing un-sustainability; the second is focused on creating sustainability. The first attends to symptoms; the second attends to causes. The first focuses primarily inward toward the health and vitality of the organisation; the second expands that focus to look outward toward the health and vitality of the market and society in which the organisation operates. The first will help future leaders get a job in today's marketplace; the second will help them develop a target for a lifelong career. The first is incremental, the second transformational.Changing the way we do business is essential to addressing the challenges of environmental degradation. The market is the most powerful institution on earth, and business is the most powerful entity within it. Business transcends national boundaries, and it possesses resources that exceed those of many nation-states. Business is responsible for producing the buildings we live and work in, the food we eat, the clothes we wear, the automobiles we drive, the energy that propels them, and the next form of mobility that will replace them. This does not mean that only business can generate solutions, but with its unmatched powers of ideation, production, and distribution, business is best positioned to bring the change we need at the scale we need it.Q. What is the flaw in `sustainable business' as it is perceived today as mentioned in the passage?a)Considerable financial involvement negates any advantages that accrue due to such measures.b)The approach is not as comprehensive to accommodate present environmental problems.c)Long implementation periods for conservation plans delay the desired outcomes.d)Although it helps us to slow down the pace of damage, it does not help us revert or cease it.Correct answer is option 'D'. Can you explain this answer?.
Solutions for Directions: Read the passage carefully and select the best answer out of the given four alternatives.Business sustainability has come a long way. From the dawn of the modern environmental movement and the establishment of environmental regulations in the 1970s, it has become a strategic concern driven by market forces. Today, more than 90 percent of CEOs state that sustainability is important to their company's success, and companies develop sustainability strategies, market sustainable products and services, create positions such as chief sustainability officer, and publish sustainability reports for consumers, investors, activists, and the public at large. This trend will not abate anytime soon.Surveys show that 88 percent of business school students think that learning about social and environmental issues in business is a priority, and 67 percent want to incorporate environmental sustainability into their future jobs. For all this interest, we should expect the world to become more sustainable. But problems such as climate change, water scarcity, species extinction, and many others continue to worsen. Sustainable business is reaching the limits of what it can accomplish in its present form. It is slowing the velocity at which we are approaching a crisis, but we are not changing course. Instead of tinkering around the edges of the market with new products and services, business must now transform it. That is the focus of the next phase of business sustainability, and we can see signs that it is emerging.The first phase of business sustainability, called "enterprise integration," is founded on a model of business responding to market shifts to increase competitive positioning by integrating sustainability into pre existing business considerations. By contrast, the next phase of business sustainability, what we call "market transformation," is founded on a model of business transforming the market. Instead of waiting for a market shift to create incentives for sustainable practices, companies are creating those shifts to enable new forms of business sustainability.Enterprise integration is geared toward present-day measures of success; market transformation will help companies create tomorrow's measures. The first is focused on reducing un-sustainability; the second is focused on creating sustainability. The first attends to symptoms; the second attends to causes. The first focuses primarily inward toward the health and vitality of the organisation; the second expands that focus to look outward toward the health and vitality of the market and society in which the organisation operates. The first will help future leaders get a job in today's marketplace; the second will help them develop a target for a lifelong career. The first is incremental, the second transformational.Changing the way we do business is essential to addressing the challenges of environmental degradation. The market is the most powerful institution on earth, and business is the most powerful entity within it. Business transcends national boundaries, and it possesses resources that exceed those of many nation-states. Business is responsible for producing the buildings we live and work in, the food we eat, the clothes we wear, the automobiles we drive, the energy that propels them, and the next form of mobility that will replace them. This does not mean that only business can generate solutions, but with its unmatched powers of ideation, production, and distribution, business is best positioned to bring the change we need at the scale we need it.Q. What is the flaw in `sustainable business' as it is perceived today as mentioned in the passage?a)Considerable financial involvement negates any advantages that accrue due to such measures.b)The approach is not as comprehensive to accommodate present environmental problems.c)Long implementation periods for conservation plans delay the desired outcomes.d)Although it helps us to slow down the pace of damage, it does not help us revert or cease it.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of Directions: Read the passage carefully and select the best answer out of the given four alternatives.Business sustainability has come a long way. From the dawn of the modern environmental movement and the establishment of environmental regulations in the 1970s, it has become a strategic concern driven by market forces. Today, more than 90 percent of CEOs state that sustainability is important to their company's success, and companies develop sustainability strategies, market sustainable products and services, create positions such as chief sustainability officer, and publish sustainability reports for consumers, investors, activists, and the public at large. This trend will not abate anytime soon.Surveys show that 88 percent of business school students think that learning about social and environmental issues in business is a priority, and 67 percent want to incorporate environmental sustainability into their future jobs. For all this interest, we should expect the world to become more sustainable. But problems such as climate change, water scarcity, species extinction, and many others continue to worsen. Sustainable business is reaching the limits of what it can accomplish in its present form. It is slowing the velocity at which we are approaching a crisis, but we are not changing course. Instead of tinkering around the edges of the market with new products and services, business must now transform it. That is the focus of the next phase of business sustainability, and we can see signs that it is emerging.The first phase of business sustainability, called "enterprise integration," is founded on a model of business responding to market shifts to increase competitive positioning by integrating sustainability into pre existing business considerations. By contrast, the next phase of business sustainability, what we call "market transformation," is founded on a model of business transforming the market. Instead of waiting for a market shift to create incentives for sustainable practices, companies are creating those shifts to enable new forms of business sustainability.Enterprise integration is geared toward present-day measures of success; market transformation will help companies create tomorrow's measures. The first is focused on reducing un-sustainability; the second is focused on creating sustainability. The first attends to symptoms; the second attends to causes. The first focuses primarily inward toward the health and vitality of the organisation; the second expands that focus to look outward toward the health and vitality of the market and society in which the organisation operates. The first will help future leaders get a job in today's marketplace; the second will help them develop a target for a lifelong career. The first is incremental, the second transformational.Changing the way we do business is essential to addressing the challenges of environmental degradation. The market is the most powerful institution on earth, and business is the most powerful entity within it. Business transcends national boundaries, and it possesses resources that exceed those of many nation-states. Business is responsible for producing the buildings we live and work in, the food we eat, the clothes we wear, the automobiles we drive, the energy that propels them, and the next form of mobility that will replace them. This does not mean that only business can generate solutions, but with its unmatched powers of ideation, production, and distribution, business is best positioned to bring the change we need at the scale we need it.Q. What is the flaw in `sustainable business' as it is perceived today as mentioned in the passage?a)Considerable financial involvement negates any advantages that accrue due to such measures.b)The approach is not as comprehensive to accommodate present environmental problems.c)Long implementation periods for conservation plans delay the desired outcomes.d)Although it helps us to slow down the pace of damage, it does not help us revert or cease it.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Read the passage carefully and select the best answer out of the given four alternatives.Business sustainability has come a long way. From the dawn of the modern environmental movement and the establishment of environmental regulations in the 1970s, it has become a strategic concern driven by market forces. Today, more than 90 percent of CEOs state that sustainability is important to their company's success, and companies develop sustainability strategies, market sustainable products and services, create positions such as chief sustainability officer, and publish sustainability reports for consumers, investors, activists, and the public at large. This trend will not abate anytime soon.Surveys show that 88 percent of business school students think that learning about social and environmental issues in business is a priority, and 67 percent want to incorporate environmental sustainability into their future jobs. For all this interest, we should expect the world to become more sustainable. But problems such as climate change, water scarcity, species extinction, and many others continue to worsen. Sustainable business is reaching the limits of what it can accomplish in its present form. It is slowing the velocity at which we are approaching a crisis, but we are not changing course. Instead of tinkering around the edges of the market with new products and services, business must now transform it. That is the focus of the next phase of business sustainability, and we can see signs that it is emerging.The first phase of business sustainability, called "enterprise integration," is founded on a model of business responding to market shifts to increase competitive positioning by integrating sustainability into pre existing business considerations. By contrast, the next phase of business sustainability, what we call "market transformation," is founded on a model of business transforming the market. Instead of waiting for a market shift to create incentives for sustainable practices, companies are creating those shifts to enable new forms of business sustainability.Enterprise integration is geared toward present-day measures of success; market transformation will help companies create tomorrow's measures. The first is focused on reducing un-sustainability; the second is focused on creating sustainability. The first attends to symptoms; the second attends to causes. The first focuses primarily inward toward the health and vitality of the organisation; the second expands that focus to look outward toward the health and vitality of the market and society in which the organisation operates. The first will help future leaders get a job in today's marketplace; the second will help them develop a target for a lifelong career. The first is incremental, the second transformational.Changing the way we do business is essential to addressing the challenges of environmental degradation. The market is the most powerful institution on earth, and business is the most powerful entity within it. Business transcends national boundaries, and it possesses resources that exceed those of many nation-states. Business is responsible for producing the buildings we live and work in, the food we eat, the clothes we wear, the automobiles we drive, the energy that propels them, and the next form of mobility that will replace them. This does not mean that only business can generate solutions, but with its unmatched powers of ideation, production, and distribution, business is best positioned to bring the change we need at the scale we need it.Q. What is the flaw in `sustainable business' as it is perceived today as mentioned in the passage?a)Considerable financial involvement negates any advantages that accrue due to such measures.b)The approach is not as comprehensive to accommodate present environmental problems.c)Long implementation periods for conservation plans delay the desired outcomes.d)Although it helps us to slow down the pace of damage, it does not help us revert or cease it.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Directions: Read the passage carefully and select the best answer out of the given four alternatives.Business sustainability has come a long way. From the dawn of the modern environmental movement and the establishment of environmental regulations in the 1970s, it has become a strategic concern driven by market forces. Today, more than 90 percent of CEOs state that sustainability is important to their company's success, and companies develop sustainability strategies, market sustainable products and services, create positions such as chief sustainability officer, and publish sustainability reports for consumers, investors, activists, and the public at large. This trend will not abate anytime soon.Surveys show that 88 percent of business school students think that learning about social and environmental issues in business is a priority, and 67 percent want to incorporate environmental sustainability into their future jobs. For all this interest, we should expect the world to become more sustainable. But problems such as climate change, water scarcity, species extinction, and many others continue to worsen. Sustainable business is reaching the limits of what it can accomplish in its present form. It is slowing the velocity at which we are approaching a crisis, but we are not changing course. Instead of tinkering around the edges of the market with new products and services, business must now transform it. That is the focus of the next phase of business sustainability, and we can see signs that it is emerging.The first phase of business sustainability, called "enterprise integration," is founded on a model of business responding to market shifts to increase competitive positioning by integrating sustainability into pre existing business considerations. By contrast, the next phase of business sustainability, what we call "market transformation," is founded on a model of business transforming the market. Instead of waiting for a market shift to create incentives for sustainable practices, companies are creating those shifts to enable new forms of business sustainability.Enterprise integration is geared toward present-day measures of success; market transformation will help companies create tomorrow's measures. The first is focused on reducing un-sustainability; the second is focused on creating sustainability. The first attends to symptoms; the second attends to causes. The first focuses primarily inward toward the health and vitality of the organisation; the second expands that focus to look outward toward the health and vitality of the market and society in which the organisation operates. The first will help future leaders get a job in today's marketplace; the second will help them develop a target for a lifelong career. The first is incremental, the second transformational.Changing the way we do business is essential to addressing the challenges of environmental degradation. The market is the most powerful institution on earth, and business is the most powerful entity within it. Business transcends national boundaries, and it possesses resources that exceed those of many nation-states. Business is responsible for producing the buildings we live and work in, the food we eat, the clothes we wear, the automobiles we drive, the energy that propels them, and the next form of mobility that will replace them. This does not mean that only business can generate solutions, but with its unmatched powers of ideation, production, and distribution, business is best positioned to bring the change we need at the scale we need it.Q. What is the flaw in `sustainable business' as it is perceived today as mentioned in the passage?a)Considerable financial involvement negates any advantages that accrue due to such measures.b)The approach is not as comprehensive to accommodate present environmental problems.c)Long implementation periods for conservation plans delay the desired outcomes.d)Although it helps us to slow down the pace of damage, it does not help us revert or cease it.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Directions: Read the passage carefully and select the best answer out of the given four alternatives.Business sustainability has come a long way. From the dawn of the modern environmental movement and the establishment of environmental regulations in the 1970s, it has become a strategic concern driven by market forces. Today, more than 90 percent of CEOs state that sustainability is important to their company's success, and companies develop sustainability strategies, market sustainable products and services, create positions such as chief sustainability officer, and publish sustainability reports for consumers, investors, activists, and the public at large. This trend will not abate anytime soon.Surveys show that 88 percent of business school students think that learning about social and environmental issues in business is a priority, and 67 percent want to incorporate environmental sustainability into their future jobs. For all this interest, we should expect the world to become more sustainable. But problems such as climate change, water scarcity, species extinction, and many others continue to worsen. Sustainable business is reaching the limits of what it can accomplish in its present form. It is slowing the velocity at which we are approaching a crisis, but we are not changing course. Instead of tinkering around the edges of the market with new products and services, business must now transform it. That is the focus of the next phase of business sustainability, and we can see signs that it is emerging.The first phase of business sustainability, called "enterprise integration," is founded on a model of business responding to market shifts to increase competitive positioning by integrating sustainability into pre existing business considerations. By contrast, the next phase of business sustainability, what we call "market transformation," is founded on a model of business transforming the market. Instead of waiting for a market shift to create incentives for sustainable practices, companies are creating those shifts to enable new forms of business sustainability.Enterprise integration is geared toward present-day measures of success; market transformation will help companies create tomorrow's measures. The first is focused on reducing un-sustainability; the second is focused on creating sustainability. The first attends to symptoms; the second attends to causes. The first focuses primarily inward toward the health and vitality of the organisation; the second expands that focus to look outward toward the health and vitality of the market and society in which the organisation operates. The first will help future leaders get a job in today's marketplace; the second will help them develop a target for a lifelong career. The first is incremental, the second transformational.Changing the way we do business is essential to addressing the challenges of environmental degradation. The market is the most powerful institution on earth, and business is the most powerful entity within it. Business transcends national boundaries, and it possesses resources that exceed those of many nation-states. Business is responsible for producing the buildings we live and work in, the food we eat, the clothes we wear, the automobiles we drive, the energy that propels them, and the next form of mobility that will replace them. This does not mean that only business can generate solutions, but with its unmatched powers of ideation, production, and distribution, business is best positioned to bring the change we need at the scale we need it.Q. What is the flaw in `sustainable business' as it is perceived today as mentioned in the passage?a)Considerable financial involvement negates any advantages that accrue due to such measures.b)The approach is not as comprehensive to accommodate present environmental problems.c)Long implementation periods for conservation plans delay the desired outcomes.d)Although it helps us to slow down the pace of damage, it does not help us revert or cease it.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Read the passage carefully and select the best answer out of the given four alternatives.Business sustainability has come a long way. From the dawn of the modern environmental movement and the establishment of environmental regulations in the 1970s, it has become a strategic concern driven by market forces. Today, more than 90 percent of CEOs state that sustainability is important to their company's success, and companies develop sustainability strategies, market sustainable products and services, create positions such as chief sustainability officer, and publish sustainability reports for consumers, investors, activists, and the public at large. This trend will not abate anytime soon.Surveys show that 88 percent of business school students think that learning about social and environmental issues in business is a priority, and 67 percent want to incorporate environmental sustainability into their future jobs. For all this interest, we should expect the world to become more sustainable. But problems such as climate change, water scarcity, species extinction, and many others continue to worsen. Sustainable business is reaching the limits of what it can accomplish in its present form. It is slowing the velocity at which we are approaching a crisis, but we are not changing course. Instead of tinkering around the edges of the market with new products and services, business must now transform it. That is the focus of the next phase of business sustainability, and we can see signs that it is emerging.The first phase of business sustainability, called "enterprise integration," is founded on a model of business responding to market shifts to increase competitive positioning by integrating sustainability into pre existing business considerations. By contrast, the next phase of business sustainability, what we call "market transformation," is founded on a model of business transforming the market. Instead of waiting for a market shift to create incentives for sustainable practices, companies are creating those shifts to enable new forms of business sustainability.Enterprise integration is geared toward present-day measures of success; market transformation will help companies create tomorrow's measures. The first is focused on reducing un-sustainability; the second is focused on creating sustainability. The first attends to symptoms; the second attends to causes. The first focuses primarily inward toward the health and vitality of the organisation; the second expands that focus to look outward toward the health and vitality of the market and society in which the organisation operates. The first will help future leaders get a job in today's marketplace; the second will help them develop a target for a lifelong career. The first is incremental, the second transformational.Changing the way we do business is essential to addressing the challenges of environmental degradation. The market is the most powerful institution on earth, and business is the most powerful entity within it. Business transcends national boundaries, and it possesses resources that exceed those of many nation-states. Business is responsible for producing the buildings we live and work in, the food we eat, the clothes we wear, the automobiles we drive, the energy that propels them, and the next form of mobility that will replace them. This does not mean that only business can generate solutions, but with its unmatched powers of ideation, production, and distribution, business is best positioned to bring the change we need at the scale we need it.Q. What is the flaw in `sustainable business' as it is perceived today as mentioned in the passage?a)Considerable financial involvement negates any advantages that accrue due to such measures.b)The approach is not as comprehensive to accommodate present environmental problems.c)Long implementation periods for conservation plans delay the desired outcomes.d)Although it helps us to slow down the pace of damage, it does not help us revert or cease it.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CAT tests.
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