Identify Two Sustainability Related KPIs and Explain How They Raise

question 38

Essay

Identify two sustainability related KPIs and explain how they raise an organisation's understanding of its sustainability performance?

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Definitions:

Productive Efficiency

A situation in which a goods or services are produced at the lowest possible cost, utilizing all available resources efficiently.

Monopoly Power

The ability of a single supplier to control the market price and supply of a product or service.

Brand Loyalty

A consumer's preference to buy a particular brand’s product over others, often reflected in repeated purchases.

Economic Efficiency

A condition in which resources are distributed to optimize the production of goods and services while minimizing costs.