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Climate change and its effects on business
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Environment affects people in various ways. For example, the environment also affects business owners and this is how; few main environmental issues that come across businesses are, global-warming, waste, and raw materials that need to be used. Think about this, tornado, earthquakes, severe floods, and hurricanes are all severe weather events that can affect businesses. For instance, what if someone owns a store and that is their only income to support their family and all of a sudden a tornado warning comes upon, and the store is ruined during the tornado storm. That person would lose its only income to support his/her family. Not only how weather is affecting businesses, but waste is another main component that is involved. Waste is slowly increasing in businesses and it’s getting really expensive for business owners to afford because it takes time and people to dispose waste. Certain businesses need raw materials that they can make their goods with. These are just few key components of how environment affects businesses. It may seem like environment has much importance to business owners but it does.
Global-warming is being talked about a lot these days. That is because a lot of people are becoming aware of how bad global warming is and how it is impacting everyone's lives negatively. Look at all the pollution and how it is causing the air to be bad. How does it affect business owners though, you ask? It may be surprising but business owners are also affected about how the weather is. Let it be earthquakes, floods, tornados, or any severe weather event it can all affect the business negatively. It leads to a lot of money loss that owners have to pay in the end, like for an example earthquakes are not predicted beforehand unt...
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...sinesses are not affected about what is going on in the environment, but that’s not true. Three main components about how the environment affects businesses is global warming, waste dumping, and how raw materials are needed in businesses. Weather affects the businesses with destroying buildings of employment, waste dumping is just creating pollution and it costs a lot by dispensing the waste, and last but not least how raw materials are needed for some businesses and they need to be natural as well and it all depends on how the environment is to have healthy raw materials, like wood. Also, it’s about how much money is used when you talk about how environment affects businesses. Anyways, it’s hard to predict what is to come when it comes down to the environment because it’s out of your hands but these are some ways that the environment affects businesses negatively.
In the captivating, mysterious, and perplexing novel Fifth Business by Robertson Davies, the role of women is not only a vital but a pivotal aspect throughout the life and psychological journey of Dunstan Ramsay. Robertson Davies is famous for under-developing female characters in general; not fully creating female characters the audience can entirely understand, discover and engage, at least not to the same degree with which he develops male characters. Although the portrayal of female characters is limited, their true purpose may be much more significant than it initially appears:
With forward movement in society, it is important to consider not just what will propel most toward success, but also what will help to sustain the environment along the way. What may have been considered appropriate decades ago, may no longer be socially acceptable due to the changes observed in both the business world and the environment (Fiske, 2010). Therefore, it is important for organizations thriving in today?s economy to consider how they may capitalize most effectively from their product or service of choice while minimizing or eliminating any damages along the way (Knoke, 2012).
Environmental – External environmental factors are forces or trends that can affect a business whether it is an opportunity, threat, or constraint. They can be divided into three interrelated subcategories of remote, industry, and operating environments. The remote environment includes factors beyond a company’s operating situation such as the economic, social, political, technological, and ecological factors. The industry environment includes factors that have more of a direct influence on a company’s business such as entry barriers, competitor rivalry, the availability of substitutes, and the bargaining power of buyers and suppliers.
Specifically, it affects individual lives, employment opportunities, business industries, recreation industries, medical industries, education industries, and entertainment industries. Here are some ways it affects each industry.
The Economy incorporates, growth, employment, competitiveness and efficiency. Society includes health and safety. The environm...
Technological change, change in economic climate, natural occurrences and such-like are matters that concern the macro-environment of a business. These external, uncontrollable, influences can and will impact hugely on the success or failure of a business. One of the tools that are applicable in considering these factors is PESTLE. Political; Environmental; Social; Technological; Legal and Economic considerations will need to be engaged in order to prepare the business for macro-environmental influences. For this reason, PESTLE will be the most appropriate tool to use to identify and outline the main macro-environmental factors that may affect my business.
Nowadays, entrepreneurship becomes most popular career, where our government encourages our graduated student to involve in business so that unemployment will not happen in our country. Policymakers, academics, and researcher agree that entrepreneurship is a vital route to economic advancement for both developed and developing economics (Zelealem et al., 2004). Entrepreneurship has many types for example small business and others. Today small business, particularly the new ones, is the main vehicle for entrepreneurship, contributing not just to employment, social and political stability, but also to innovation and competitive power (Thurik & Wennekers, 2004).
The importance of Environmental Analysis lies in its usefulness for evaluating the present strategy, setting strategic objectives, and formulating strategies. The political environment can affect organizations. Political components influence buyer certainty and purchaser and business spending. Stability of the political environment is essential for organizations to enter new markets.
Work environment is an important element to increase the satisfaction level of employees towards their jobs. Jain and Kaur (2014) stated that “all the aspects of work environment are correspondingly significant or indeed appropriate when considered job satisfaction and also affects the welfare of employees” (p. 2). Thus, it is obvious that a favorable work environment is not merely affects the employees’ performance in an organization, but also compensation and benefits to employees and job satisfaction of employees in the organization. In general, there are three types of work environment: work-life balance, rewards and recognition and open communication that lead to job satisfaction of employees (refer to Figure 1 in Appendix 1).
1.Describer a workplace environment that was highly motivating for you. What was the culture and specifically what made it so motivating?
...ility to deal with people, costumers inside or outside of work. You have to be able to communicate with people and understand their needs. People skills are very important specially working in a hospital, airline companies, banks and other organizations.
In conclusion, global warming is a slow and gradual process that is affecting our lives day by day. Some think of it as a myth, but now everybody can see and feel the climate change every year. Human beings are the prime cause of the global warming, so it is our responsibility to minimize it. Many environmentalists and nature protecting organizations such as the NRDC (Natural Resource Defense Council) have done various research on global warming and have come up with many ideas to prevent it. There are several creative ideas to stop global warming, and some of them have promises, for example, saving money while saving the environment.
Entrepreneurship - a special kind of activity. Its constant conditions are limited resources, competition and uncertainty of the situation. The main tools of the entrepreneur are: thrift, cooperation and innovation. Consequently, enterprise is the independent economic entity, with rights of a legal entity, which is based on the use of labor collective property produces and sells products, works, and provides services.
As human beings we have a responsibility to protect ourselves, each other and our environment. The term environment refers to a complex set of social/cultural conditions that affect an individual or community. However, there are events and processes that occur in the environment that human beings have no control over. Environmental science, the systematic study of processes and materials in our environment, identifies temperature, precipitation and humidity as a few natural conditions. Natural conditions force us to be reactive, while things that we can control, such as consumption and waste, allow us to be proactive.
Environmental factors cater for the protection of the environment. A business must carefully be able to look at its surroundings to see for benefits and ensure that its daily production does not interfere with society.