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What is Sustainability in Strategic Management? PDF | Download eBooks

Learn Sustainability definition in strategic management with explanation to study “What is Sustainability”. Study sustainability explanation with strategic management terms to review strategic management course for online MBA programs.

Sustainability Definition:

  • A company's ability to achieve its business goals and increase long-term shareholder value by integrating economic, environmental, and social opportunities into its business strategies.

    Management by Stephen P. Robbins, Mary A. Coulter

Sustainability Explanation:

Sustainability is the capacity to exist continually. In the 21st century, it alludes by and large to the limit with respect to the biosphere and human progress to coincide. Characterized likewise as the procedure of individuals keeping up change in a decent domain, in which the misuse of assets, the heading of speculations, the direction of innovative improvement and institutional change are all in concordance and upgrade both present and future potential to address human issues and goals. Maintainable improvement is the advancement that addresses the issues of the present without trading off the capacity of future ages to address their very own issues. Solid biological systems and conditions are important to the survival of people and different creatures. Methods for lessening negative human effect are earth benevolent synthetic designing, natural assets the board and ecological security.

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