B-Corp Certification - 1STMG

What's her name?

• Hannah

• Cindy

• Hanukah

• Jean-pierre

What is the main goal of a B Corp certified business?

• To maximize profits for shareholders

• To provide better benefits for employees

• 
  To create value for society and stakeholders

• To reduce environmental impact

Which of the following is NOT a requirement for a business to become B Corp certified?

• Scoring at least 80 points on the B Lab assessment

• Legally committing to consider stakeholder interests

• Donating a portion of profits to charity

• Updating the company's legal documents

How often do B Corp certified businesses need to update their assessment?

• Annually

• Every 3 years

• Every 5 years

• Only when renewing the certification

What is the primary reason more people are choosing to work for B Corp certified companies?

• Higher salaries

• Better benefits

• Stronger brand reputation

• Positive social and environmental impact

According to the video, what percentage of consumers believe businesses should take care of the planet and people?

• 77%

• 85%

• 90%

• 92%

Which of the following best describes the traditional business model compared to the B Corp model?

• B Corps are not required to make a profit

• 
  B Corps only need to consider shareholder interests

• B Corps are legally required to consider stakeholder interests

• B Corps do not need to update their legal documents

What is the primary benefit of a business becoming B Corp certified, as mentioned in the video?

• Increased profits

• Tax benefits and subsidies

• Joining a community of like-minded businesses

• Improved legal and financial standing

What is the primary purpose of the B Corp certification?

• To improve a business's sustainability practices

• To increase a business's profitability

• To provide a legal structure for businesses

• To impose strict environmental regulations on businesses

According to the video, what percentage of customers would be willing to pay more for products or services that protect the environment or do not infringe on human rights?

• 50%

• 60%

• 70%

• 80%