Bachelor of General Studies (BGS) Degree Practice Exam

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What does long-term power utilization require from corporations?

Complete autonomy from regulations
Responsible usage of power
A focus solely on profit maximization
Ignoring community impact

The correct answer is: Responsible usage of power

Long-term power utilization requires corporations to adopt responsible usage of power to ensure sustainability and maintain their social license to operate. This entails implementing practices that minimize waste, energy consumption, and environmental impact while promoting efficiency and sustainability. Responsible usage of power is crucial for corporations to contribute positively to society, comply with regulations, and foster good relationships with stakeholders, including the community and the environment. In contrast, complete autonomy from regulations could lead to irresponsible practices that harm both the environment and the corporation’s reputation. A focus solely on profit maximization may drive companies to neglect important ethical and environmental concerns, ultimately risking long-term viability. Ignoring community impact overlooks the importance of corporate social responsibility and can lead to conflicts with local communities and stakeholders, jeopardizing the corporation's future operations and growth.