Critically consider and evaluate the role and value of the performance assessment approach in an international sustainable context

The performance assessment approach plays an important role in the international sustainable context. Under the performance assessment, the vision, and targets of an entity are measured to ascertain whether the entity is sustainable or not in the long run. In an international context, all the businesses should assess their performance in such a way that the businesses are sustainable in the long- run and the management is taking all steps and initiatives in the coordination of environment and social protection, lower emission of greenhouse gases, and other initiatives. Organizations should assess their performance based on various parameters to ensure long-term sustainability. Further, the performance assessment program of an entity should contain below elements:
· In the performance assessment approach, the targets of an entity should be mentioned for long-run sustainability. The targets should also be measurable using proper measurement techniques and the purpose of the assessment should also be clearly defined.
· The purpose of performance assessment should also be focused on clarification to be available for intended uses....