Life cycle management is a new defining paradigm affecting business

December 21st, 2007 | by admin |

One of the rising areas of business is sustainability and social conscious. This new paradigm is affecting industry and governments at all levels. The progressive move towards life cycle management is in response to aggressive moves by government to shift towards more sustainable production. This involves assessing you business inputs an outputs and eliminating waste or activities that have social or economic repercussions. An example of this is the new targets being set for the auto industry which will have an effect on the many areas including the oil industry. 

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