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4.3 Sustainable Production of Goods and Services

Homearrow_rightBusiness Studies arrow_right Revision Notes arrow_right IGCSE arrow_right Operations Management arrow_right Sustainable Production Of Goods And Services
IGCSE Business · Change course

Cambridge IGCSE Business (0264) syllabus reference: 4.3.1

Success criteria - by the end of this topic you can:
Key terms
Sustainable production - producing goods and services in ways that do not damage the environment for future generations.

How: renewable energy (solar, wind), using fewer resources and less waste, reusing materials, recycling, developing environmentally friendly products and packaging.

Becoming more sustainable
AdvantagesDisadvantages
Better reputation and brand imageHigh start-up costs
Attracts environmentally aware customersHigher costs may mean higher prices
Lower costs over time (energy, materials)Customers may not pay more
Avoids fines and future taxesTakes time to see benefits
🔒 Also in the full notes
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📝 Practise this topic
Case Study 1 (Paper 1 style, 20 marks): Questions · Mark scheme 🔒 · A* answers 🔒
Case Study 2 (Paper 2 style, 20 marks): Questions · Mark scheme 🔒 · A* answers 🔒
All Unit 4 topics← 4.2 Technology and Production of Goods and Services  |  4.4 Costs, Scale of Production and Break-even Analysis →