Question

In a 100 words, explain how to develop sustainability.

Answer 1

Sustainability is the process by which business manage the financial, economic and social responsibilities, risk and opportunities by making the organizational culture ethical to achieve success in the long run.

Sustainability can be developed by creating ethical organization culture. Guiding principle should be clear and a proper framework should be made to evaluate the ethical actions. Organization structure and resource should focus on monitoring or being committed to ethical environment. Keeping the business green and environment friendly will benefits the business.

Sustainable business focus towards creating economic value, healthy ecosystems and strong communities. This type of business strives to meet the triple bottom-line. The important aspects of sustainable products are they are safe for the society, create positive thoughts in people's mind, minimise social and economic impact, safe for the environment and are manufactured in the right way.