What are the internal sources of information a business can access to develop sustainable policies? List three (3) sources.
Question
What are the internal sources of information a business can access to develop sustainable policies? List three (3) sources.
Solution
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Company Records: These are a valuable source of internal information. They can provide data on sales, costs, and customer profiles, among other things. This information can be used to identify trends and patterns that can inform sustainable policies.
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Employee Feedback: Employees can provide insights into the day-to-day operations of the business. They can identify inefficiencies, suggest improvements, and provide a perspective that is grounded in the reality of the business's operations. This feedback can be used to develop policies that are both sustainable and practical.
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Internal Research and Development: Many businesses conduct their own research and development. This can provide information on new technologies, processes, or products that could help the business become more sustainable. It can also identify potential risks or challenges that need to be addressed in the business's policies.
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