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Question

What is sustainable management ??

Please give a very detailed description about the above mentioned topic.

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Solution

Sustainable managementtakes the concepts from sustainability and synthesizes them with the concepts ofmanagement. Sustainabilityhasthree branches: theenvironment, the needs of present and future generations, and theeconomy. Using these branches, it creates the ability of a system to thrive by maintaining economic viability and also nourishing the needs of the present and future generations by limiting resource depletion. From this definition, sustainable management has been created to be defined as the application of sustainable practices in the categories ofbusinesses,agriculture,society, environment, and personal life by managing them in a way that will benefit current generations and future generations.

Sustainable management is needed because it is an important part of the ability to successfully maintain the quality of life on our planet. Sustainable management can be applied to all aspects of our lives. For example, the practices of a business should be sustainable if they wish to stay in businesses, because if the business is unsustainable, then by the definition of sustainability they will cease to be able to be in competition. Communities are in a need of sustainable management, because if thecommunityis to prosper, then the management must be sustainable.Forestandnatural resourcesneed to have sustainable management if they are to be able to be continually used by our generation and future generations. Our personal lives also need to be managed sustainably. This can be by making decisions that will help sustain our immediate surroundings and environment, or it can be by managing our emotional and physical well-being. Sustainablemanagement can be applied to many things, as it can be applied as a literal and an abstract concept. Meaning, depending on what they are applied to the meaning of what it is can change. Hope it helps.


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