Question

__________refers to an organization's ability to strategically address current business needs and successfully develop a long-term strategy that embraces opportunities and manages risk for all products, systems, supply chains, and processes to preserve resources for future generations.

Answer 1

Sustainability

Step-by-step explanation:

Sustainability of an organization is the ability of an organization to strategically address the current business strategies and methodologies of production and also the ability to continually apply and maintain such efficient methodology and strategy in both short and long term of the business.

All risks involved, systems,supply chains and processes to preserve the business is as well considered in a sustainability plan of a business. if there is no sustainability plan for a business the business is bound to come down after a few years in existence.

Answer 2

Sustainability

Step-by-step explanation:

Sustainability can simply be defined as the meeting of present needs while also making room to meet future needs as well. On another hand, sustainability can be defined as the provision of current needs without jeopardizing provision for future needs.

Sustainability aims to look at the provision or meeting of needs or obligations at present and future times, making sure that none affects the other.

Sustainability is important in any business as it the key to any business standing the test of time and becoming reputable. Also, sustainability heps a business to attract employees and customers alike, it improves the business reputation as well as maintain the joy of shareholders among other things.

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