What term describes entrepreneurship that combines profit-seeking with a focus on environmental sustainability?

• A. Negative externalities
• B. Coase theorem
• C. Enviropreneurship
• D. Cap and trade

Answer: (C)

The term that describes entrepreneurship combining profit-seeking with a focus on environmental sustainability is "Enviropreneurship." This concept emphasizes the dual goal of generating economic profits while also promoting environmental health and sustainability. Enviropreneurs strive to innovate and create products or services that minimize ecological impact, aligning business success with environmental stewardship. It reflects a growing trend where businesses recognize the importance of sustainability not just as a regulatory necessity but as a core component of their value proposition and market strategy.

Other terms in the choices provided relate to different concepts. Negative externalities typically refer to costs incurred by third parties or society not reflected in the cost of a product or service, which does not encapsulate the entrepreneurial focus on sustainability. The Coase theorem discusses economic efficiency in the presence of externalities but does not specifically relate to entrepreneurship or sustainability. Cap and trade is an environmental policy tool aimed at reducing pollution but does not represent the broader concept of combining profit motives with environmental concerns like Enviropreneurship does.