Examlex
When additional procedures are necessary to bring a defective product up to its required specifications, this is referred to as
3 P's
Stands for People, Planet, and Profits; a principle that suggests companies should balance financial gains with social and environmental considerations.
Organizational Performance
The analysis of a company's efficiency, effectiveness, and ability to achieve its goals, often measured via metrics such as profitability, market share, and productivity.
Procurement
The process of obtaining goods, services, or works from external sources, often via tendering or bid process, to fulfill a need or requirement.
Corporate Social Responsibility
A business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all stakeholders.
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