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The 'Stakeholder Approach' in Terms of the 'Shades of Green

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The 'stakeholder approach' in terms of the 'shades of green' model is where the organisation works to meet the environmental demands of multiple stakeholders such as employees, suppliers or the community.


Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent and salaries.

Activity

An action or task that is part of a process or program, often contributing to achieving a goal or outcome.

Cost Of Electricity

The amount of money charged for the consumption of electrical energy provided by a utility company or generated by self, often measured in kilowatt-hours (kWh).

Manufacturing Facility

A site equipped with machinery and tools specifically designed for the production of goods.

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