Examlex
Why does it take more than a good idea to be innovative?
Cost-Benefit Analysis
A systematic approach to estimating the strengths and weaknesses of alternatives used to determine options which provide the best approach to achieve benefits while preserving savings.
Economically Efficient
A situation where resources are allocated in a way that maximizes the net benefit to society or minimizes wastage.
Environment Damaged
A state where natural habitats are compromised due to pollution, deforestation, or other harmful human activities.
Earth-Sustaining Economy
An economic system aimed at balancing human needs with the protection of the natural world, ensuring the planet's health and resources for future generations.
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