Which term best describes a business practice that minimizes environmental impact while remaining profitable?

Which term best describes a business practice that minimizes environmental impact while remaining profitable?

• A. Eco-efficiency
• B. Green Entrepreneurship
• C. Lean Startup
• D. Crowdfunding

Answer: (B)

Eco-efficiency describes strategies that reduce environmental impact per unit of economic value, so a business improves its environmental performance while maintaining or increasing profitability. It’s about decoupling growth from ecological footprint—designing cleaner processes, reducing energy and material use, cutting waste, and innovating across operations to lower costs and emissions at the same time. Green entrepreneurship is related but focuses on starting and running ventures with environmental aims, not specifically measuring efficiency of output; lean startup centers on rapid learning and iterative development, not necessarily environmental impact; crowdfunding is simply a funding method.

Eco-efficiency describes strategies that reduce environmental impact per unit of economic value, so a business improves its environmental performance while maintaining or increasing profitability. It’s about decoupling growth from ecological footprint—designing cleaner processes, reducing energy and material use, cutting waste, and innovating across operations to lower costs and emissions at the same time. Green entrepreneurship is related but focuses on starting and running ventures with environmental aims, not specifically measuring efficiency of output; lean startup centers on rapid learning and iterative development, not necessarily environmental impact; crowdfunding is simply a funding method.