Which type of companies aim to avoid negative impacts on the environment, economy, or community?

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Prepare for the UCF COM4120 Organizational Communication Exam with flashcards and multiple choice questions, complete with hints and explanations. Ace your exam!

The type of companies that aim to avoid negative impacts on the environment, economy, or community are commonly referred to as "green" companies. These organizations are committed to sustainable practices, which involve not only minimizing environmental harm but also enhancing social responsibility and contributing positively to the economy and local communities.

"Green" companies often implement various strategies, such as using renewable energy sources, managing waste responsibly, sourcing materials sustainably, and engaging in fair labor practices. This commitment to environmental stewardship and social equity distinguishes them from traditional companies, which may prioritize economic gains without the same level of consideration for environmental or social impacts. Their primary goal is to create value that goes beyond profit, focusing on the long-term health of the planet and society.

By actively pursuing these sustainable practices, "green" companies often position themselves as leaders in corporate social responsibility, setting examples for others in the industry and influencing overall market trends towards sustainability.