In a Short Essay,describe the Importance of Innovation and Sustainability

question 64

Essay

In a short essay,describe the importance of innovation and sustainability to the manager's job.

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Definitions:

Partnership

A cooperative relationship between two or more parties who agree to share responsibilities, resources, profits, and losses in a joint business venture.

Ethical Consumerism

The practice of purchasing products and services produced in a way that minimises social and/or environmental damage, while avoiding products and services deemed to have a negative impact on society or the environment.

Social Damage

The negative impact on society or specific communities resulting from actions or policies, which can include economic disparities, environmental degradation, or social injustices.

Environmental Damage

The detrimental impact human activities have on the natural world, including air and water pollution, deforestation, and climate change.