In: Operations Management
Discuss the potential trade‐offs of development versus sustainability. Are opportunities for development growing or diminishing? Does the internet provide opportunities for development with limited trade‐offs? Provide discussion in a global context.
Opportunities for development are growing as they promote welfare of human being over time in a broader goal than enlarging the financial growth which focuses mainly on material comfort. This has several significant implications as social and ecological assets have affected welfare human directly by having strict rule of grow now and clean up later those values for today's age group, and expenses which frequently fall disproportionately on today's poor.
Internet provide development with trade-offs in the context of a firm’s market-level competition and growth as investing in operational competences that improve short-term performance and increase in priority over investing in long-term dynamic competences while the operational competences investment strengthens loop such as performance, investment flow, and competences development as they provides growth opportunities and competitive advantage.