Business Sustainability New Strategic Thinking for Business

Question: Discuss about the Business Sustainability for New Strategic Thinking for Business? Answer: The shareholders are one of the main financial support system of any organization. In terms of sustainable supply chain management, it includes some significant factors of an organization which have some difference with normal supply chain management. Customer satisfaction plays a vital role in order to sustain in this competitive market but supply chain management does not conclude competition (Eweje and Perry, 2011). Apart from that the common SSCM practice includes some economic, social and environmental issues which influence the relationship between SSCM and stakeholders. However, with the help of active workforce an organization can achieve its desired objectives (Thiele, 2013). On the other hand, the SSCM also provides benefits to different stakeholders of an organization. For example, the investors can earn profits through regular sales and customers get satisfaction through active service. Moreover, if an organization conducts a proper SSCM practice then shareholders can get regular profit, social and environmental responsibility also covered and customers feel satisfied with active delivery service (Kopnina, 2015). References Eweje, G. and Perry, M. (2011). Business and sustainability. Bingley, UK: Emerald Group. Kopnina, H. (2015). Sustainability: new strategic thinking for business. Environ Dev Sustain. Thiele, L. (2013). Sustainability. Cambridge: Polity.