Ethics Sustainability – Benefits of Market Impacts, business and finance homework help
Business Ethics and Sustainability:
Measuring Social, Environmental, and Economic Impacts
Benefits of Market Impacts
The benefits related to social, environmental, and economic impacts are often categorized as either market or nonmarket impacts.
Market benefits include:
- Increased sales quantities due to increased market demand
- Increased prices due to quality and reputation
- Reductions in costs due to increased efficiencies
- Increased productivity
- Reduced future costs related to environmental cleanup, internal control, and ethics breach
What are examples of this impact in the Kingdom of Saudi Arabia? In a 2-4 page paper, provide as many examples are you can of the five benefits listed above.