BU121 Lecture Notes - Waste Hierarchy, Global Reporting Initiative, Triple Bottom Line
Document Summary
Stable market conditions: stable market conditions = things will stay the same (ex, taste, needs) Efficiency vs effectiveness: efficiency = focus on efficiency. Repetition: repetition = same thing, same way. Constant change: constant change: not stable market conditions anymore. Customer driven: customer-driven = whatever customer wants, effectiveness should be focus. Customization and innovation: customizing = not doing same thing over and over, doing unique thing. Mass customization allows us to have efficiency of mass production, but in a customized way which is what is required now. Machinery needs to know what customer wants, has to be flexible enough to adjust, allows us to have efficiency and effectiveness. Development that meets the needs of the present without compromising the ability of future generations to meet their needs un world commission on environment and. Global 100 most sustainable corporations in the world: http://www. global100. org/ Global reporting initiative guidelines: 1,000 companies, 80% of global fortune 150, more holistic image of company.
