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Five Questions to Ensure Product Sustainability

5. Is the Product Economically Viable?

  • The product is responsive to market requirements.
  • Innovation is encouraged to anticipate market needs.
  • The firm is stable in terms of ownership and philosophy.
  • The company reinvests in the facility to improve its capacity for further production.
  • The product is priced for economic viability and also aims to internalize costs so that its production can be environmentally sound and socially just.
  • The firm is recognized for its corporate social responsibility: this includes programs that support and value employees as well as programs that benefit the community and environment.

 

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Download the two-page printable .pdf
Framework for Sustainable Products for reference.

UML