________: within a business context, ________ involves using the assets of the company efficiently to allow it to continue functioning profitability over time.
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Ecological sustainability
________: capacity of ecosystems to maintain their essential functions and processes, and retain their biodiversity in full measure over the long term.
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The degree of value added to the inputs will depend on a number of factors
not all of them operations management issues
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Ecological sustainability
capacity of ecosystems to maintain their essential functions and processes, and retain their biodiversity in full measure over the long term
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Social sustainability
ability of a community to develop processes and structures which not only meet the needs of its current members but also support the ability of future generations to maintain a healthy community
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Economic sustainability
within a business context, economic sustainability involves using the assets of the company efficiently to allow it to continue functioning profitability over time
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"Operations" or "operations management"
"Operations" or "operations management" is concerned with the use of resources called inputs land, labor and capital to provide outputs in the form of goods and services
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Land, labor and capital
3 production inputs
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Ecological sustainability
Capacity of ecosystems to maintain their essential functions and processes, and retain their biodiversity in full measure over the long term
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Social sustainability
Ability of a community to develop processes and structures which not only meet the needs of its current members but also support the ability of future generations to maintain a healthy community
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Economic sustainability
Within a business context, economic sustainability involves using the assets of the company efficiently to allow it to continue functioning profitability over time
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