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Economical
Economical dimensions takes a look into how your product is affecting society in a commercial or economical way. Here you will be asking yourself if you have innovated something new, something of value. Have you changed or improved a certain way of governing?
You should think of immediate direct effects that your application is having on the economy and governance, but also think how effects from other dimensions are interconnected and to which effect will they lead to, in tier 2 or tier 3.
- Is the product changing how the global or local economy will be conducted?
- Is the product greately contributing (positively or negatively) to the economy?
- Have you made governing easier or harder?
Think of the following categories and the questions listed below that could help you in assessing how the product is affecting the economical dimension of sustainability:
- Value -
- Customer Relationship Management
- Supply Chain
- Have you altered how businesses are being supplied?
- How will your product affect business that is using it?
- How does your supply chain affect your business?
- Are there any perceivable benefits from this product in the supply chain?
- Governance
- Innovation
- Is the product introducing something new on the tech scene?
- Is the product introducing any innovation on the market that has not existed before.
- Were the innovations worth it? Is there any economical benefit behind it?
- Think of what new has Facebook introduced - they revolutionized the way people are communicating online.
- Similarly goes for apps such as WhatsApp, people could start messaging for free over internet, they disrupted SMSs business completely.