GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Waste Minimisation
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Recycling of Materials
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Lean Manufactoring
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Environmental sustainability
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Inventory Management Systems
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Detailed explanation-1: -The term sustainability is broadly used to indicate programs, initiatives and actions aimed at the preservation of a particular resource. However, it actually refers to four distinct areas: human, social, economic and environmental – known as the four pillars of sustainability.
Detailed explanation-2: -There are four dimensions to sustainable development – society, environment, culture and economy – which are intertwined, not separate. Sustainability is a paradigm for thinking about the future in which environmental, societal and economic considerations are balanced in the pursuit of an improved quality of life.
Detailed explanation-3: -The 4 Factors of Sustainability: Human, Social, Economic & Environmental.
Detailed explanation-4: -Operational sustainability from the ecological standpoint refers to a company’s ability to use natural resources at its current pace without depleting the resources it relies upon. This can be a company perspective or an industry-wide perspective.