Final answer:
True, business sustainability refers to economic, environmental, and social sustainability.
Step-by-step explanation:
True, business sustainability does refer to economic, environmental, and social sustainability.
Economic sustainability focuses on the financial well-being of a business, ensuring its long-term profitability and success. Environmental sustainability involves minimizing the negative impact of business operations on the environment, such as reducing greenhouse gas emissions and conserving resources. Social sustainability encompasses ethical practices, fair treatment of employees, and contributing positively to the community.
For example, a business that implements energy-efficient practices, supports local communities through charitable initiatives, and ensures fair wages and working conditions for its employees would be considered sustainable in all three dimensions.