Definition of Economic sustainability:
The use of various strategies for employing existing resources optimally so that that a responsible and beneficial balance can be achieved over the longer term. Within a business context, economic sustainability involves using the assorted assets of the company efficiently to allow it to continue functioning profitability over time.
How to use Economic sustainability in a sentence?
- You need to figure out if your business has economic sustainability and if it does not it might be time to sell.
- The executives thought that hiring recent graduates would contribute to the economic sustainability of the company, since they expected these new hires to stay with the company for a long time.
- I didnt think we had enough economic sustainability to last over the next few years and we would end up closing our doors.
Meaning of Economic sustainability & Economic sustainability Definition