Sustainability Practices Flashcards
1
Q
What are the 3 perspectives
A
- Economic
- Environmental
- Social
2
Q
What are the environmental costs
A
- Prevention
- Appraisal
- Internal
- External
3
Q
Define prevention costs
A
Ensures environmental problems do not arise
4
Q
Define appraisal costs
A
Monitors effects of an organisation’s operations on the environment
5
Q
Define internal failure cost
A
Addresses problems inside the company
6
Q
Define external cost
A
Alleviates any impact on the broader community
