International Paper's land management strategy included investments in hunting and game preserves which were not part of IP's business model to earn profits for shareholders. Therefore, it was not a good use of IP capital and human resources.
True or False
Correct Answer:
False
The initiatives to invest in game and hunting reserve is the part of managing the interests of the different stakeholders. Here, the nature and ecological system are the stakeholders for international paper that uses the pulp from different plant sources in the forest area. So, the land management strategy as mentioned, uses sustainability practices to invest in reserves. It gives longevity to the business and delivers profits also in the long run to the shareholders.
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