Week 8 Economics Discussion – Sustainability, Social Impact

WK 8 Economics Discussion

Sustainability, Social Impact, and the Bottom Line

Think about a product or service you recently purchased that originated from a company whose Mission includes a focus on sustainability or social impact. In other words, a company that “does well by doing good.“ Then read and reply to each of the prompts below:

· What was the name of the company and what did you purchase?

· Why did you choose to purchase that particular product or service?

· Did the company’s position on sustainability or social impact influence your purchase decision?

· Compared to its competitors in the industry, how was the product priced?

· Would you purchase the product in the future? Why or why not?

· How is this company performing in their sector? Are they able to compete and stay true to their Mission?

Explanation & Answer

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