What is the primary goal of ecocentric management?

Get ready for your Penn Foster Principles of Management (BUS 110) Exam. Study effectively with interactive quizzes, flashcards, and detailed explanations to ensure success. Prepare today!

The primary goal of ecocentric management is to improve the quality of life for all organizational stakeholders. This approach emphasizes the interdependence between businesses and the ecosystems in which they operate, advocating for sustainable practices that benefit not only the organization itself but also the environment and the society at large.

By prioritizing the well-being of all stakeholders, including employees, customers, communities, and the environment, ecocentric management seeks to create a balance between economic success and ecological health. This perspective aligns business practices with social responsibility and environmental stewardship, promoting sustainable development and long-term viability for both businesses and their surrounding ecosystems.

This contrasts sharply with approaches focused primarily on profits or productivity "at any cost", which often overlook the broader social and environmental implications of business decisions.

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