Analyzing the inputs and outputs of the production process
Organizations are increasingly focusing on improving production processes whilst minimizing social, economic and environmental costs. They focus on this by analyzing the inputs and outputs of the productive process. This is known as life cycle analysis. In the past companies were concerned with minimizing the cost of production. Now, however, the cheapest cost my not be the best because organizations are having to become accountable for any adverse consequences that result from there activities. The rise is social consciousness is forcing many shifts to occur in these areas.
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