Business – 4.1 The nature of operations – Efficiency, effectiveness, productivity and sustainability | e-Consult
4.1 The nature of operations – Efficiency, effectiveness, productivity and sustainability (1 questions)
Login to see all questions.
Click on a question to view the answer
A waste reduction programme can have several impacts:
- Cost structure: Reducing waste lowers disposal fees and raw material costs, leading to higher profit margins.
- Brand image: Demonstrating environmental responsibility enhances reputation, attracts eco‑conscious customers and can justify premium pricing.
- Regulatory compliance: Meeting or exceeding waste‑management regulations reduces the risk of fines, legal action and improves relationships with local authorities.