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Sustainability
Financial Sustainability Imagine work a business consultant. Companies governmental entities hire firm make recommendations streamlining business operations, make companies fiscally sound. You asked supervisor present a local business conference subject financial sustainability
Financial sustainability: Mathematical models
Sustainability is one of the top 'buzzwords' today in terms of marketing products, but what does it actually mean? One definition of sustainability provided by the Environmental Protection Agency (EPA) is that "everything that we need for our survival and well-being depends, either directly or indirectly, on our natural environment. Sustainability creates and maintains the conditions under which humans and nature can exist in productive harmony, that permit fulfilling the social, economic and other requirements of present and future generations" (What is sustainability, 2012, EPA). Sustainability requires a long-term focus by the individual and corporate entities, but in the interests of making a quick profit, sustainability is often put on the shelf. Consumers gravitate to blue-chip companies to invest in that are not necessarily sustainable; corporations believe that more expensive green products will not sell and emphasize cheapness and...
Driving more fuel-efficient cars saves money on gas; decreasing meat consumption results in a healthier lifestyle and a lower carbon footprint. Investing in companies that have made a commitment to green technology and simply reusing and recycling can all improve the consumer's finances as well as help the environment. Investments in green companies encourage consumers to invest in the future, not in mature companies where the market has already been maximized in terms of its potential.
However, "cases for carbon reduction and improved sustainability must be equated with economic opportunity -- meaning energy savings, cost/revenue dollars, brand, risk management" (CFOs seek boldness and shareholder value in sustainability, 2012, Environmental Leader). Corporations must understand that they can successfully integrate sustainability into their models of profitability. For-profit companies are not altruistic and must be shown that environmentalism can generate revenue for shareholders. This may require management to be cognizant of the trade-off between the short-term and the long-term. In the…
References
CFOs seek boldness and shareholder value in sustainability. (2012). Environmental Leader.
Retrieved: http://www.environmentalleader.com/2012/06/13/cfos-seek-boldness-and-shareholder-value-in-sustainability/
Energy. (2012). Interface. Retrieved:
http://www.interfaceglobal.com/Sustainability/Our-Progress/Energy.aspx
http://www.interfaceglobal.com/Sustainability/Our-Progress/Waste.aspx
http://epa.gov/sustainability/basicinfo.htm
Business as an Ethical Calling: My Personal Philosophy The last several decades have seen American enterprises beset by a number of ethical scandals, spanning from the accounting fraud of Enron and WorldCom to that of the recent subprime housing debacle and credit crisis of 2008. As a result, there has been a call to integrate ethics into the business studies curriculum and to try to temper the cutthroat atmosphere amongst ambitious
In addition, we might ask ourselves if the richer nations have or not a greater responsibility as far as the research and development in the area of sustainable energy are concerned. (Reid, environmentalleader.com) Believing that there are such energy sources or consumption policies which would allow the planet's resources to be maintained for a longer period, while making sure that all the nations are provided with a comfortable living is
Business Ethics Focus on Merrill Lynch According to Laura Hartman and her co-writer, Joe Desjardins in the work entitled "Business Ethics: Decision Making for Personal Integrity & Social Responsibility" philosophical ethics may be clearly differentiated from theological ethics because theological ethics attempted to disseminate the well-being of an individual on a religious basis while the ethics of an individual's philosophy is such that provisions of justifications that can be applied to
Those discretionary areas include sales and negotiating. These are open to flexibility, argument, discussion -- all within boundaries. The boundaries that fence them in are the non-discretionary functions of the business, those areas where the lines must not be crossed. The non-discretionary areas have very firm guidelines, rules, and even laws and regulations that guide what can and cannot be done. It is when we violate those guidelines, that we
In the case of electronic ticketing, while the overall risk of the actual process of electronic ticketing has proven to be minimal for implementation, it is still very important that we run risk evaluation tests in order to see if the integration of the model of electronic ticketing will gel into out company structure as well as it has for other business structures. Each of these eight areas is established
Hesitant to Pursue a Career in Business Whom it May Concern Re: Why I Am Hesitant to Pursue a Career in Business In a tough economy, most people would probably take any job they can get after they graduate from college. However, as it comes closer to graduation, I find I'm becoming more and more hesitant when I think about launching a career in business. That's because it seems there are so