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Economic suitability

Economic suitability is one sub-objective of the decision-making process. It corresponds with the economic objective of the company in a means-end-relationship: The means should be developed in a way that it fulfils the end that is given by the objective of the company.

The economic suitability is subdivided into economic efficiency and economic effectiveness. On the same level are two competing sub-objectives: the ecological and the social suitability. The relationships between them can be organized by the general concept for technical operations that is given by the company.

(See more under TDiv PR1-A03)


» Technodiversity Glossary

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