1. Which of the following is not a major reason for developing a business plan?
a. The process helps pull the management team together.
b. Planning enables management to defend itself against criticism from disgruntled stockholders.
c. The completed plan is a vehicle for communicating managements vision to others.
d. The finished plan serves as a roadmap for running the business.
2. Which one of the following statements is TRUE of sustainability?
a. Environmental sustainability applies only to goods-producing firms.
b. The three dimensions of sustainability are often referred to as the “triple bottom line.”
c. Resource management is a component of social sustainability.
d. Sustainability includes the idea of preserving resources for three years.