...2012 The Impact of Environmental Regulation on Small Businesses Small businesses are critical to the U.S. economy. They create about one-half of all private sector jobs and generate more than half of all revenues. It is critical to take into consideration how regulations and litigation impact small businesses. The biggest impact consideration is the financial impact to a companies’ bottom line (RAND Corporation). The U.S. economy slowly coming out of a recession, small businesses are struggling to overcome imposing environmental regulations from Washington. With record low rates of small business startups, people would argue that these imposing regulations are turning out all positive results. Small businesses unlike their larger business counterparts, cannot afford to hire specialty firms to help them make their way through these regulations. It also takes a lot of time and money to keep up with all the rules imposed on them. Such regulations impose costs on small businesses ranging from capital investments in upgrading current working environments to civil or criminal penalties. An effect of these regulations would be lower hiring projections for the near future. Other effects could be that the U.S. will not see a significant change in the unemployment rates and small businesses will lose out on revenues generated by hiring more employees (Alford). The definition of a small business is one that employs 500 employees or less. The Small Business Act (SBA) defines a...
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...Environmental Issues Faced by Business and Society Environmental issues are a big problem in modern society especially when big businesses take natural resources from the earth to keep up with demands and dispose of waste which in turn damages the environment in the process. As societies grow so does the demand for natural resources. Environmental issues that business face include water pollution, air pollution, the use and degradation of natural resources, and global warming. All these factors have pressured businesses to adopt and abide by good social ethical behavior and develop alternative resources without endangering the welfare of the society. Environmental Issues Faced by Business and Society Is it wrong to intrude into ecosystems and harm living organisms? That seems doubtful given how unrealistic it is. It’s almost impossible to do no harm to ecosystems in business because we need the earth’s resources to conduct business and sell products, and many companies have no choice but to dispose of waste and pollute one way or another. Businesses have traditionally shown no regard towards the environment and the societies in which it operated. Environmental protection was rarely seen as an issue and people thought that the world’s resources could be taken without end and without any harm done. Pollution could damage the environment, but the damage done was considered to be insignificant because the world was seen...
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...Environment Module: Environmental Issues (BC215013S) Academic Year: 2010/11 Semester/Trimester: 2 Student ID: 0916657 1. Executive Summary The report comprises the following sections which discuss the connection between General Motors (GM) as a major car manufacturer, and the environmental issues and policies that concern the company: * Environmental legislation affecting GM is outlined. * The internal and external drivers of GMs policies are analysed. * The policies themselves are discussed. * Recommendations and conclusions relevant to the future of environmental protection from the automobile industry’s point of view are made. Contents 1. Executive Summary 2 2. Introduction 4 3. General Motors 4 4. Main Legislation (International, National and Local) Affecting General Motors 4 5. Analysis of the Main Drivers of GM Environmental Policy 9 5.1. Internal and External Drivers 10 6. General Motors Environmental policies 11 7. Analysis of General Motors Environmental Policies 12 7.1. Specific 13 7.2. Measurable 13 7.3. Achievable 14 7.4. Realistic 14 7.5. Timely 15 8. Recommendations 15 9. Conclusions 16 10. Table of Figures 18 11. List of Tables 18 12. List of References 18 13. Bibliography 20 2. Introduction This report investigates and analyse the impact of General Motors (GM) on the environment, the company’s environmental policies and an outline...
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...TANAKI $10.00 POLOKA 1 KI HE ME’AFAKA’EIKI ‘O TU’A TAUMOEPEAU. $ 1. Lomu’eiki 10.00 2. Nasalio Mahe 10.00 3. Falakiko Papa 10.00 4. Hetueni Papa 10.00 5. Loukinikini ‘Akau’ola 10.00 6. Panisi Ula 10.00 7. Lotana Kiu 10.00 8. Sitino Maka 10.00 9. Tau Seleti 10.00 10. Lofia Lanumata 10.00 11. ‘Eleni Sili 10.00 12. Solesio Siale 10.00 13. ‘Ahotau Sole 10.00 14. ‘Apolo Palu 10.00 15. Soane & Nancy 10.00 16. Malio Moata’ane 10.00 17. LesilePailate 10.00 18. Malialongo Pohiva 10.00 19. Lusio Vaka 10.00 20. Sakopo Loloa 10.00 21. Sitani Kapeli 10.00 22. Fanio Vake 10.00 23. Pope Lanumata 10.00 24. Paea Siale 10.00 25. Pangia Kavaefiafi 10.00 26. ‘Ana Sili 10.00 27. Siaosi Palanite 10.00 28. Muli Kautai 10.00 29. Fata Ngungutau 10.00 30. Tili Ponofasio Vake 10.00 31. Vaiangina Sili 10.00 32. ‘Etuini Ngungutau 10.00 33. Tevita Hakaumotu 10.00 34. Samiu & Liliani 10.00 35. Soane Male Loloa 10.00 36. Sosefo Ponitini 10.00 37. Vitolio Ongolea 10.00 38. Lautele Tu’ifua 10.00 39. Fotu Pulu 10.00 40. Kite Fononga 10.00 41. ‘Aisake Papa 10.00 42. Faleata Mo’unga 10.00 43. Tiasi Moata’ane 10.00 ...
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...To what extent can the business sector be encouraged to become more environmentally responsible to their customers and stakeholders? Jeremy Lamont Introduction The business sector is generally targeted on environmental responsibility. This article assesses if firms can be encouraged in taking on more responsibility to their customers and stakeholders by analysing current and possible methods. In economics the cost to the environment is categorized by social costs and externalities in the supply and demand model. The key of getting to the business sector is to not only take on more of the social costs away from consumers in the market but to also reduce them out of the market completely. The costs of economic activity have a negative externality or social cost and whilst much of it is currently borne by the environment and stakeholders, it could also be passed onto the business sector. A Stakeholder is “a person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies” (businessdictionary.com, 2012) which together with consumers are usually unfortunate in bearing the negative environmental effects from business activities. Supporters of environmentalism argue more can be done by firms to be more environmentally responsible. Climate change amongst a host of other environmental problems is largely blamed on the business sector. The article will critically...
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...Acknowledgement Introduction Method of Environment Scanning Environmental Scanning Cycle Particular PAGE NO. 2 3 4 6 8 9 10 14 20 23 REMAR KS Structure of Environment Scanning Importance of environment Scanning How companies Handling Environment Scanning Literature Review Factor Affecting Environment Scanning © ARUN GULERIA | arun_guleria@ymail.com ACKNOWLEDGEMENT I take this opportunity to offer my deep gratitude to all those who have extended their valued support and advice to complete this term paper. I cannot in full measure, reciprocate the kindness showed and contribution made by various persons in this endeavor. I acknowledge my sincere thanks to Miss. NAVNEET KAUR (Faculty Member) who stood by me as a pillar of strength throughout the course of work and under whose mature guidance the term paper arrives out successfully. I am grateful to his valuable suggestions. © ARUN GULERIA | arun_guleria@ymail.com ENVIRONMENTAL SCANNING Environmental scanning is a process of gathering, analyzing, and dispensing information for tactical or strategic purposes. The environmental scanning process entails obtaining both factual and subjective information on the business environments in which a company is operating or considering entering. Environmental scanning is the process in which a firm continually collects and evaluates information about its external environment. There are six main categories of environmental data to consider when evaluating marketing decisions....
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...review discusses the evolution of their sustainability principles and broad plans for implementation. In the 1980s the environmental concerns were primarily pollution control and prevention with a focus on reducing emissions from existing manufacturing processes. During this period the company made significant improvement in pollution control and prevention, risk management, and facility improvements such as reducing toxic materials and emissions. In the 1990s the focus shifted to product stewardship, which emphasizes earlier intervention to minimize environmental impacts associated with the full life cycle of a product. The product stewardship function focused on developing global processes for tracking and managing regulatory compliance issues, customer inquiry response systems, information management, public policy shaping, product take-back programs, green packaging, and integrating “design for the environment” and life cycle analysis into product development processes. Today the company realizes that pollution prevention and product stewardship have become baseline market expectations and that to be an environmental leader in this century, a company needs to integrate environmental sustainability into its fundamental business strategy. This company realizes that it must redefine its core business utilizing the principles of the 3 “E’s”: Environmental, Economic and Equitable (social) sustainability. The reasons...
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...Green strategies stared in the national policy on the environment of malaysia * Proactive approach to regional and global environmental issues * Formulation and implementation of action plans Critically discuss how the green strategies can improve the environmental quality of malaysia. How the policy help improve the environmental performance of the company The Environmental policy of Nestle is based upon a documented and clearly communicated policy. This policy set out the organization commitment towards a cleaner environment. Firstly, Nestle understand which area of their business has the greatest environmental impact. For example, they know about what natural resources and the raw material they use and where do they come from. By understanding all this, they can cut down the waste of the raw material and protected the natural resources be wasted. Besides that, Nestle are prioritizing they green efforts where they can achieve greatest impact, which is water, agricultural raw materials, manufacturing and distribution and also packaging to specific food and beverages business. By this, they can know what alternative sourcing arrangements they can make, and at the same time, the products have to be better produced as well. This will protect natural resources being indiscriminate use. Nestle increase the packaging that can be recycle and avoid the usage of substance that can give impact to the nature during packaging production and disposal. This will encourage...
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...and loytalty, while at the same time reducing the environmental damage. This environmental position of Patagonia contributes to strengthen the company's uniqueness against competitors by differencing it from others in a market where technology improvement has become increasingly challenge. Patagonia uses incremental innovations approach to improve existing products and processes, as new technical systems for their apparel and gear for instance. The company chosed to maintain high margin with command prices 20% above their competitors. Inside the company, Patagonia's employees showed high satisfaction and fidelity, which led to much lower turnover comparing to other rivals. Finally, the firm differentiates itself from other major competitors by focusing on customers who are knowledgeable about their sports and outdoor activities (niche market of dirtbags) and willing to pay additional amount for superior quality. It is true that Patagonia's environmental position contributed to company's competitive advantage in positive ways, such as strengthen the company's uniqueness against rivals. Also we could believe that business and sustainability seems to be compatible when we se how the positive and improved image of Patagonia helped it to gain legitimacy with stakeholders; or when its competitors are making some changes based on shared broad sustainability practices initiated by Patagonia. But balancing commitment to business with commitment to environment is a much more complicated...
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...Department of Management, College of Business Administration, Abu Dhabi University, Abu Dhabi, UAE Department of Applied Sciences, College of Arts and Sciences, Abu Dhabi University, Abu Dhabi, UAE Correspondence: Jolly Jacob, Department of Applied Sciences, College of Arts and Sciences, Abu Dhabi University, Abu Dhabi, UAE. E-mail: jollyjacob70@hotmail.com Received: June 13, 2012 doi:10.5539/ass.v8n12p117 Abstract Increasing awareness on the various environmental problems has led a shift in the way consumers go about their life. There has been a change in consumer attitudes towards a green lifestyle. People are actively trying to reduce their impact on the environment. However, this is not widespread and is still evolving. Organizations and business however have seen this change in consumer attitudes and are trying to gain an edge in the competitive market by exploiting the potential in the green market industry. The current study introduces the concept of green marketing and looks into the various ways in which the different consumer attributes are related to the concept of green marketing. A conceptual framework is presented and the information is analyzed on the basis of the framework. Keywords: green marketing, green products, consumer attitude 1. Introduction Today the concept of sustainability is almost ubiquitous by showing application in corporate strategy, consumer choice, student education and academic research. The need for sustainable business practices by corporations around...
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...Aleisha Wiley Business Sustainability December 15, 2013 What does sustainability mean in general terms and in a business context In general terms, the key principal of sustainability is to support, endure, perpetuate and supply the necessities of life on earth without depleting resources at a rate in which they cannot replenish themselves, crossing any thresholds or boundaries potential harmful the existence of life or destroy ecosystems that are important to animal and plant life on earth. These principals can also be applied to the life we lead as business owners, manager and other working professionals. In this paper I will be discussing what the key principals and meaning of sustainability as it applies to general terms and in a business context. Sustainable business or green business is an enterprise that has no negative impact on the global or local environment, community, society, or economy. The organization participates in environmentally friendly activities that ensure all processes, products and manufacturing activities adequately address current environmental concerns while maintaining a profit. In other words, it is a business that “meets the needs of the present world without compromising the ability of the future generations to meet their own needs. Exemplary examples of a green business are the efforts of Nike and Adidas. They developed a new way of dyeing clothes with CO2 instead of water. The process is a potentially revolutionary technique that...
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...and Gulf of Bothnia and forms the eastern part of the Scandinavian Peninsula. Sweden is predominantly agricultural, with increasing forest coverage as you move northward within the country. To emphasize it’s natural beauty, 65% of Sweden's total land area is covered with forests (Ministry of Environment). Thus, in regards to the natural environment of the country, it is only fitting that people strive to protect the country’s natural environment by going “green”. The EU is the only international organization that has the power to adopt extensive environmental regulations that are binding on its member countries. It is thus important for Sweden that the environmental requirements in the EU match up to an ambitious environmental policy. Sweden is also working to ensure that their country is a driving force to protect their environment and secure sustainable development within the country (Ministry of Environment). In terms of environmental policies within the country, Sweden has worked to set ambition goals for greenhouse gas reduction and to strengthen the position of the EU in global climate negotiations. They have suffered severely through the issue of acid rain, which is directly attributable to the gas emissions of companies within the country. This acid rain is not only hinders the agriculture of the country, but also jeopardizes the well being of the people actually living in the country. Sweden has also worked very actively to combat acidification so as to achieve emissions...
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...this document: http://dx.doi.org/10.1016/S1064-4857(03)09001-6 Downloaded on: 10-07-2012 References: This document contains references to 35 other documents To copy this document: permissions@emeraldinsight.com This document has been downloaded 877 times since 2008. * Users who downloaded this Chapter also downloaded: * Michael W Hansen, (2003),"ENVIRONMENTAL ASPECTS OF DANISH FOREIGN DIRECT INVESTMENT IN DEVELOPING COUNTRI COUNTRY FACTORS IN SHAPING THE GLOBAL ENVIRONMENTAL PRACTICES OF DANISH MULTINATIONALS", Sarianna M. L Multinationals, Environment and Global Competition (Research in Global Strategic Management, Volume 9), Emerald Group Publishing Limited, pp. 65 - 94 http://dx.doi.org/10.1016/S1064-4857(03)09004-1 Ans Kolk, Rob van Tulder, (2003),"INTERNATIONALIZATION AND ENVIRONMENTAL REPORTING: THE GREEN FACE OF THE WO MULTINATIONALS", Sarianna M. Lundan, in (ed.) Multinationals, Environment and Global Competition (Research in Global Strategic Management, Volume 9), Emerald Group Publishing Limited, pp. 95 - 117 http://dx.doi.org/10.1016/S1064-4857(03)09005-3 Petra Christmann, Glen Taylor, (2003),"ENVIRONMENTAL SELF-REGULATION IN THE GLOBAL ECONOMY: THE ROLE OF FIRM C Sarianna M. Lundan, in (ed.) Multinationals, Environment and Global Competition (Research in Global Strategic Management, Volume 9), Emerald Group Publishing Limited, pp. 119 - 145...
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...* Moral Issues In Business * Environmental Protection Why Is The Issue of Environment Crucial To Us Today? The resources of this planet are finite and limited – as also its capacity to absorb and dispose of all the waste and garbage we generate. ‘Growth’ ‘Progress’ and ‘Development’ have spelt out one thing: increased consumption of material goods. Increased consumption of material goods has led to irreversible exploitation of natural resources: wood, fossil fuels, water to mention only a few. Rapid industrialization and global trends ↓ Grave problems of ecological imbalance and environmental degradation Environmental destruction is the result of man’s interference with Nature. We all require clean air, fresh, unpolluted water and a healthy habitat. But we also want large houses, all the latest gadgets, big cars and all other material amenities. Modern industry has provided us with unprecedented material prosperity. It has also created unparalleled environmental threats to us and our future generations. Modern technology has enabled us to manipulate and control nature – e.g. quick yielding seeds, artificial rain, BT vegetables and cereals, multiple crops etc. But this has led to increased pollution and severe depletion of natural resources. - Pollutants are pumped into the air - Toxic wastes are produced and dumped into soil, water and seas Major problems facing the world in the 21st century: - Population growth - Global...
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...Poverty and Pollution Case Study Business 309 We are fortunate in that we live in one of the greatest and wealthiest countries in the world. Along with great economic wealth the United States (US) has developed over the years to become one of the leaders in environmental conservation as well as one of the foremost advocates for the fair and ethical treatment of all people around the world. Unfortunately this is not true for a large number of countries that do not have the Protection and safe guards in place to ensure that they are being protected from harsh environmental conditions and unfair treatment. Companies that operate in the US must adhere to strict regulations and guidelines on the emissions and waste that is a result of the manufacturing and processing goods. The concern for protection and preservation of the environment differs from wealthy and poor nations with richer nations concerned about the protection of endangered Species and preserving biological systems to poor nations not worried about it all. Poor and impoverished countries do not have these safeguards in place to ensure the Protection of the people or the environment. Companies can operate with little oversight allowing them to produce more at less cost. The true cost may never be known. The cost is the long term damage to not only the people, but the destruction of the environment. With a large portion of the population suffering...
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