A Better World, Inc. audiobook cover - How Companies Profit by Solving Global Problems...Where Governments Cannot
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A Better World, Inc.

How Companies Profit by Solving Global Problems...Where Governments Cannot

Alice Korngold

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A Better World, Inc.
Why Traditional Solvers Fail+
The Corporate Advantage+
The Business Case for Impact+
Implementation Strategies+

Quiz — Test Your Understanding

Question 1 of 8
According to the book, why are multinational corporations surprisingly best suited to solve the world's most pressing problems?
  • A. They are mandated by international law to address environmental crises.
  • B. They have the necessary reach, financial resources, and a financial incentive to do so.
  • C. They are entirely independent of government regulations and can act without oversight.
  • D. They have historically been the only organizations to successfully eradicate global poverty.
Question 2 of 8
Why do governments often fail to solve serious global problems, according to the text?
  • A. They lack the technological infrastructure required to implement modern solutions.
  • B. They are overly focused on long-term sustainability rather than immediate economic relief.
  • C. They face conflicts of interest and focus on short-term mandates to satisfy voters.
  • D. They refuse to collaborate with non-governmental organizations and private enterprises.
Question 3 of 8
What is a primary business incentive for corporations to help strengthen health care systems in developing countries?
  • A. Healthy populations lead to stronger local economies, creating capable employees and new consumers.
  • B. International trade laws require corporations to invest a percentage of their profits into local health care.
  • C. Corporations receive significant tax breaks from the United Nations for building hospitals.
  • D. It allows them to bypass local labor laws by providing health benefits instead of higher wages.
Question 4 of 8
How can transitioning to renewable energy and sustainable practices directly improve a company's bottom line?
  • A. It allows companies to charge premium prices for all their existing products regardless of quality.
  • B. It significantly reduces energy consumption and decreases dependence on expensive fossil fuels.
  • C. It automatically exempts the company from paying corporate taxes in most developed nations.
  • D. It eliminates the need for a corporate board of directors, reducing executive overhead costs.
Question 5 of 8
The book notes that climate change and poverty impact international security. How does this ultimately affect corporations?
  • A. It forces corporations to relocate their headquarters exclusively to developing nations.
  • B. Natural disasters and resource scarcity can lead to violence and instability, which disrupts business operations.
  • C. It requires corporations to hire private military contractors for all international shipments.
  • D. It causes governments to nationalize multinational corporations to protect natural resources.
Question 6 of 8
What specific organizational structure does the author recommend companies establish to effectively carry out their environmental and social strategies?
  • A. A government lobbying division
  • B. An independent non-profit subsidiary
  • C. A sustainability committee associated with the board of directors
  • D. A global public relations task force
Question 7 of 8
Why is it recommended that companies set up a Stakeholder Advisory Council (SAC)?
  • A. To legally shield the company from environmental lawsuits filed by the community.
  • B. To replace the company's traditional human resources department.
  • C. To anticipate tensions, maintain communication, and prevent costly nontechnical risks.
  • D. To dictate the financial decisions and annual budgets of local NGOs.
Question 8 of 8
Despite their limitations in solving global problems alone, why should corporations collaborate with NGOs?
  • A. NGOs can provide valuable expertise, proven problem-solving approaches, and increased credibility.
  • B. NGOs have the legal authority to approve corporate mergers and acquisitions.
  • C. NGOs are the only entities legally permitted to operate in certain developing countries.
  • D. NGOs provide the primary source of financial capital for sustainable corporate initiatives.

A Better World, Inc. — Full Chapter Overview

A Better World, Inc. Summary & Overview

Many of us are quick to assume that big corporations are the enemies of the environment. A Better World, Inc. explains how the opposite is true: companies are in a better position to solve some of the world’s biggest problems than many governments and campaign groups. This book outlines why, and lists the steps companies can take to improve our planet, while raising their profits at the same time.

Who Should Listen to A Better World, Inc.?

  • Anyone interested in climate change and green issues
  • Anyone intrigued by Corporate Social Responsibility
  • Anyone who wants to know how business can raise profits while improving the world

About the Author: Alice Korngold

Alice Korngold is the president and CEO of Korngold Consulting, LLC. She advises global corporations on working with nonprofit organizations and raising profits by helping the world. She’s written many other successful books, including Leveraging Good Will: Strengthening Nonprofits by Engaging Businesses.

 

© Alice Korngold, A Better World, Inc., published 2014 by Palgrave Macmillan US. Reproduced with permission of SNCSC.

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