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Recommended: Environmental factors in business

Companies today are striving to be environmentally conscious, while facing many challenges and also benefits. However, in order to be successful at this endeavor, the companies are trying to find a balance between operating in an environment friendly or green field and generate a profit at the same time.
Challenges of being Environmentally Conscious Companies
One of the ways to bring about this balance is by sustainable development. “For human society to survive over time it must operate sustainably, in a way that does not destroy or deplete these natural resources for future generations.” (Lawrence, A. & Weber, J. 2014). In order to accomplish this goal, the companies, government, civil society and individuals must work in collaboration. …show more content…

“I do believe that the costs of environmental compliance are unnecessarily high. They are the result of a regulatory system that has become inefficient and ineffective.” (Clark et al., 1994). This is a valid point, however, companies complying with the environment should not always be looking at gaining financial return. Another challenge a company faces is how to convert to an environmentally friendly business; for a small business perspective, the cost outweighs the benefits. A company may decide to become environmentally friendly, but how do they guarantee their suppliers will comply with their decision and only provide products in agreement with their vision and commitment? To capitalize on the benefits of becoming a green company, we must first eliminate the waste …show more content…

Nike has embraced sustainable innovation as a powerful engine for growth and a catalyst for change—not only for its own business, but across industries. Nike has seen an 18 percent decrease in carbon emissions per unit since 2011 and is setting aggressive targets to achieve a 25 percent decrease in carbon emissions per unit in key operations by 2020.

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1. Describe and give examples of the various ways that heat can be transported in the atmosphere. In the atmosphere, heat can be transported by conduction, convection and radiation. Conduction is the transfer of heat from molecule to molecule that is directly contacting each other (Ahrens, C. 2015, p. 33). Heat will be transferred by conduction will flow from warmer to cooler regions.

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The average U.S. household, according to the online website Statista, with the data on the site titled as “Consumers' weekly grocery shopping trips in the United States from 2006 to 2015,” will take a grocery shopping trip once a week to restock on food and household items. Numerous U.S. shoppers will not question how the food products arrive at a certain location or what goes into the food product. And so the question still remains, will the average shopper know what goes on behind the scenes of the food production and transportation process? The twenty first century is full of modern innovation and pieces that will complete puzzles. Technology is the modern, practical application that is constantly evolving in the twenty first century to create a positive impact on the process of food distribution

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Implementing and managing environment concerns, sustainability, and globalization in firms are current trends essential to the well-being of its operations, customers, consumers, and the environment domestically and globally. While these contemporary themes in operations are imperative, firms continue to strive to ensure that they are making efforts to address and manage efforts by developing effective strategies for these current trends. Firms that develop effective strategies for these current trends are usually more marketable and sustainable. Specific actions firms should do to accommodate these current trends includes: Creating smart, integrated public policy, allow firms direct access to government policies, giving them clear, consistent, integrated, and updated policies that can help them make wise

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Evaluation of new technologies, products, and processes, is the key to providing a company with the knowledge it needs to remain sustainable (Ferrell, Thorne, & Ferrell, 2016). Although sustainability is not social responsibility, it is a part of it. Assessing how these changes affect the environment, their competition, and humanity in general assists a company in determining their strategic plans. in order to remain on the cutting edge in a global marketplace, a company must continually seek cost savings, new products, and value - added services if they are to remain a viable entity. Doing so through the use of new technology is the likely method that provides the biggest bang for the buck (Kawakami, Durmuşoğlu, & Barczak, 2011).

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Classical Greece is a cornerstone of Western civilisation, with its profound impact resonating across various aspects of modern society and culture. From the birthplace of democracy to the foundational principles of philosophy and the enduring legacy of art and architecture, the contributions of ancient Greece continue to shape the fabric of the Western world. One of the most enduring legacies of classical Greece is the concept of democracy. In the 5th century BCE, Athens experienced a radical departure from traditional forms of governance with the introduction of Athenian democracy (Cartwright, 2018).

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In this day and age, with the shift in technology from the 1990s to the present people have witnessed a major shift in power from marketers to customers ( Ferrell, 2014, p. 03). With the advanced technology that we now have today, companies must be able to provide a product that stands out against the rest or otherwise stand the chance of falling into “Commodity Hell” (Ferrell, 2014, p. 02). Netflix has become a pioneer with the global internet streaming business. As a customer in 2015, I have grown to recognize that I have the option to purchase a product or leave that product alone based upon the knowledge that I now have access to on the internet. Netflix provides a digital product that is both unique and of high quality; A major standard

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There have been few advancements in the history of seafaring that have changed the limits of our capabilities more than nuclear propulsion. Nuclear power has revolutionized maritime warfare in much the same way as sail power or steam power had in the past. Nuclear powered vessels use fission to produce electricity and they are extremely efficient compared to vessels that use fossil fuels. With the introduction of nuclear powered vessels, for the first time in history, the limits on how long a vessel could stay away from port shifted to the human occupants rather than the vessel’s need to refuel (Kamei, 2013).

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This reflected supply chain managers’ frequent engagement in environmental activities. This is further confirmed by the statement of one of the managers which stated that environmental sustainability is integrated into the manufacturing and supply chain processes whereas the social sustainability is an external embodiment. The findings showed that environmental practices have been embedded into product design, material sourcing, and manufacturing and in supply chain processes. Australian companies have implemented environmental practices in compliance to the regulations of environmental protection agency. This motivation is similar to the literature where coercive pressure has been cited as the highly influential factor in adapting environmental practices (Zhu, Sarkis & Geng 2005).

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Now we will simply jump to another dimension of sustainability – the environment. An interesting metaphor is found in the following excerpt: “Swedish Match ‘s water footprint is low”. It is a direct transfer of meaning from something obvious and concrete such as a footprint to something abstract such as the impact of the company on water resources. It indicates that the company conducts business in a responsible and sustainable way with minimum repercussions for the natural resources. Even though companies are considered to be mainly profit-seeking, through this metaphor they encourage us to draw the conclusion that the environmental impact is deliberately tracked across the value chain on a regular basis so as to keep a balance between the business operations and their consequences on the planet.

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