1000+ documents containing “sustainable business”.
In such cases, specialists advise that SMEs should focus on the factors that significantly influence the successful implementation of these standards (Baxter, 2004). These factors are represented by cost reductions, risk management, marketing opportunities, interested parties, and others. Cost reductions can be achieved by resources and waste consumption. Environmental management systems help companies develop programs intended to reduce resources consumption, to monitor and control this process while working towards reaching their objectives.
There are several strategies that can be used in order to successfully integrate environmental management systems in companies' strategy. This is usually achieved by developing an implementation team. This team should be consisted of important staff members. It is recommended to address department managers and team leaders. This helps maintain management's commitment towards integrating environmental sustainability within the company's strategy (Johnson, 1997). In addition to this, it helps better communicate environmental strategies and objectives to employees and to business….
The benchmarks used in evaluating investments' performance are represented by overall indexes like NASDAQ, or industry specific indexes. Business practice has revealed that economic performance is significantly influenced by environmental and social performance. Therefore, it is important that companies include this indicator in their sustainability reports to stakeholders.
Production costs
This indicator is of great interest to stakeholders like investors, awarding authorities, banks that finance companies in different projects they develop, project developers, and others. This indicator is used in analyzing direct investments. It is of great importance in industries where production costs are quite large. This is the case of the construction industry, the automotive industry, the oil and gas industry, and others.
International organizations that establish standards in environmental sustainability state that companies should assess life cycle costs in order to make their decisions, it seems that the evaluation of production costs tends to be preferred by these companies because they….
Sustainable Business Model: The Impact of Sustainability on Shareholders
The objective of this study is to consider the need for adopting sustainability as a business model and to present evidence both for and against sustainability as part of the company's business model.
Sustainability
The Economist writes that the phrase 'the tripe bottom line' was first stated by the founder of a company called SustainAbility in 1994, John Elkington. Elkington posited that companies needed to compare three bottom lines including the first for measuring traditional corporate profit, or that of the profit and loss account and secondly, that of the company's "people account" which measured the level of social responsibility of the company. Finally, the third bottom line was stated as the company's level of environmental responsibility. (Paraphrased, 2009) These three formulate the triple bottom line of "profit, people, and planet." (The Economist, 2009, p.1) Alex Steffen states that while society is successful….
Growth Sustainable Business Plan
Organizational Overview
Proposed New Business
Intellectual property rights (IP)
Target Customers
Market Segmentation
Competitors
Skills analysis
esources equired for the Plan
Cash Flow Forecast
Plan for obtaining resources
Type of organization and the Management Information Systems
Vision for the Business Idea
Growth Sustainable Business Plan
Organizational Overview
Systemic Software Technology is an organization established in 1998 dedicated in designing, and marketing of software products. Since the formation of the company, the organization has enjoyed significant growth. With the rapid development of Information Technology (IT), the company has enjoyed increase in demand for the software products from virtually all sectors in the United States and outside the United States. Since 1990s, the company has designed and marketed several software products ranging from the accounting software to the human resources software for the organizational efficiencies. Bulk of the software products that the organization has designed and distributed are being used for business solutions. Some of the products that the organization has successfully designed….
The strategy P&G deliberately took was to bring greater sustainability into their supplier management processes to the product and process level while also concentrating on cost reduction and supplier efficiency. This strategy paid off very well in European markets where sustainability standards and requirements are exceptionally high and more stringent compared to the United States (Neto, Walther, Bloemhof, van Nunen, Spengler, 2010). When these benefits are taken over the long-term, they being to also influence product development and lead to even more aggressive goals being set and achieved. P&G has specifically focused on using its supply chain to fuel the development of Sustainable Innovation Products (SIP). Figure 2 from the latest Sustainability eport shows how successful this strategy continues to be for nurturing new innovation.
Figure 2: Sustainable Innovation Products Developed From Supply Chain Initiatives
Conclusion
P&G's focus on the sustainable supply chain has given them the ability to not only better….
Additionally, businesses must anticipate seasonal shifts in demand when allocating and anticipating costs. A toy company cannot assume that the revenue it enjoys after a Christmas marketing a 'hot toy' will be sustained all year 'round.
In terms of taking a long-term view, a business should treat its employees in an ethical fashion. If employees are treated in a respectful manner, they are likely to perform better and show more loyalty to the organization. Additionally, if a company is found to be exploiting its employees, as was the case of Nike and the 'sweatshop'-type conditions of its offshore operations, this negative publicity can deter individuals from buying from the company. Employee costs in the long and short-term, in terms of compensating employees for overtime and giving them reasonable benefits, must also be included in the business plan. Also, the possibility of stock options, should the company incorporate, is another issue….
Business Ethics
Business Structure and Ethics in Organizational Behavior
Business ethics can also be known as corporate ethics. It is described as a form of professional or applied ethics that helps in investigating ethical principles as well as moral or ethical problems that comes up within different business environment. Its application takes place within every aspects of business conduct and it is always of relevance to the individuals' conducts and the organization as a whole. The aim of the paper is to examine ramifications and application of business structure and ethics in organizational behavior that will impact businesses in the next ten years.
Sometimes business may try to make short-term gains when it decides to turn a blind eye to ethics. Even though there are laid down regulatory oversight, code of practice, as well as ever-increasing public pressure, most of the firms always decides to ignore ethical considerations. Moreover, they even claim that….
Business, Personal, Moral Ethics
When we know something is right or wrong, good or bad, because of certain facts (not just preferences), we're confronting moral issues. Hurting people is wrong. Wanting vanilla ice cream is probably not, no matter that it may seem offensive to some of us sometimes. Social or cultural institutions that govern our personal principals are imposing moral standards that we can aim to achieve.
Business ethics, however, are different. They are operational guidelines and process expectations; and in many instances it is what one does to conform to this expectation that determines whether they are considered appropriate or not. The goodness or badness is business ethics is a much different issue, since even good business people can do bad things on purpose in search of bottom line profits and that is not necessarily seen as offensive.
When one basically blends these approaches and seeks to use certain standards or….
P&G has recognized that there are three pillars needed to support its sustainable development strategy. These include environmental protection, economic development, and social responsibility (MacNealy, 2007).
Summary and Future esearch ecommendations
Procter and Gamble's commitment to sustainability has been shown by its development of new products. Product development is geared towards the preponderance of consumers who would like to improve sustainability outcomes without comprising value or quality. During 2008, Procter and Gamble was able to diminish packaging waste by changing many of their standard carton packaging to a fully recyclable seal tight plastic material packaging. This modification in packaging has resulted in an 80% decrease in the amount of packaging that is being used compared to carton packaging (Lloyd, 2009).
Environmental forces disclosed by Procter and Gamble have included water usage, energy usage, carbon emissions and total waste. The company has reported that energy use at its household care plant in Canada….
Business Ethics: Corporate Social esponsibility and the Triple Bottom Line
Picture two companies, Company A and Company B. Company A manufactures chemical products and has been on the receiving end of criticism and public outcry for the air and water pollution caused by its chemical manufacturing plant. Due to increased pressure, Company A devises a strategy to start a project that will enable all farmers in the neighboring areas to get clean water in an effort to give back to the community and reduce bad publicity. Company B. is a nonprofit organization which employs visually impaired and handicapped individuals to conduct research on strategies that communities and corporations can apply to conserve the environment. This company uses Braille technology and has come up with a variety of green strategies for both companies and the government. The community benefits from both companies but Company A embraces corporate social responsibility by providing clean….
Business Ethics magazine recently awarded the Chroma Technology Corporation, a Vermont-based manufacturer of high-tech optical lens products, the "Living Economy Award" as part of the 16th Annual Business Ethics Awards. The Living Economy Award is offered to the company that best exemplifies "the living economy with practices of employee ownership, fair wages, and environmental stewardship," (Business Ethics). One of the key reasons why Chroma earned the accolade was due to its unique official salary structure: no employee earns less than $37,500 and none more than $75,000; therefore, no upper-level management official makes more than twice as much as anyone on the shop floor. Chroma's unique salary structure in part reflects my vision of corporate business ethics and the values I would like to embody as a professional. There are other reasons why I admire Chroma's policies. They employ an egalitarian meeting format modeled after the Quakers; they ensure environmental sustainability….
Sustainable Distibution fo Essential Medicines in Emeging Makets
Business Case Backgound
The Sustainable challenge
Cuent distibution climate of Cue Phamaceutical
The gowing impotance of the emeging makets
Baies to gowth
Pocuement and Distibution
Challenge to oveall sustainability in phamaceutical companies
Patneships utilized in emeging makets and essential medicine distibution
Suggestions of patneships effective in essential medicine distibution
Data gatheing in essential medicine distibution
Sustainable distibution fo essential medicines in emeging makets
Business Case Backgound
This epot addesses the ole phamaceuticals play in emeging makets. Many people have associated these makets as havens fo explosive futue gowth, but thee ae also seious challenges to be faced. The epot will discuss what views investos, stakeholdes, and company executives hold on emeging makets. Thee ae thee pobable significant factos that may sway thei stance. Fist, the efoms ecently made by the govenment egading phamaceuticals and the obligations of multinationals esulting fom the efoms. Second, the diection that shall be taken by the expanding healthcae maket and….
Sustainable Energy Storage
One of the most dire and challenging crises faced by the human race today is the complete reliance on the generation of artificial power and energy in order to fuel the world and its daily functioning. The main problem is that the fossil fuels commonly used for these efforts are beginning to run out and prove themselves quite unsustainable. In response, of course, natural, renewable, and sustainable sources of energy have been identified for the purpose of alternative power generation. While these have met with some success, the new challenge now is to find ways of storing energy from sources like the wind and sun, which are intermittent. The main reason for such storage would be the fact that the greatest need for energy is not necessarily in tandem with when the wind or sun is at its highest.
The main problem associated with this is that the grid….
Schaltegger, S. & Wagner, M. (2010). Sustainable entrepreneurship and sustainability innovation: categories and interactions. Business Strategy and the Environment 20: 222-237.
Schaltegger & Wagner (2010) create a usable framework for sustainable entrepreneurship, sustainable innovation, and sustainable business development in "Sustainable entrepreneurship and sustainability innovation: categories and interactions." he article first addresses the purpose for the research. Companies have been traditionally culprits in creating both environmental and social justice problems, necessitating regulations imposed externally. Driven solely by profit, a company will not be likely to pursue innovation or sustainability entrepreneurship unless it was profitable to do so. he authors point out that while this may be true with some organizations in some sectors, that otherwise the business environment is changing. A new framework based on current business trends is proposed by Schaltegger & Wagner (2010). his new framework is based on the fact that many companies -- and their managers -- "have….
Innovation Models Lead to a Sustainable Business -- Closed vs. Open Innovation
Following the introduction of the concept of open innovation, the exploration in the area has increased significantly. Open innovation involves the utilization of purposive knowledge inflows and outflows to help in the acceleration of internal innovation and the expansion of external markets for innovation. On the other hand, closed innovation refers to a situation where every activity is carried out within the organization and for the benefit of the organization. There are strong arguments for both approaches.
The Shift from Closed to Open
Innovation previously adopted a linear view where the focus was on science and tended to favour 'closed' systems. This approach would later be replaced by a more interactive and 'open' model that was grounded on continuous education and learning for all participating parties. The evolution and constant changes in the micro and macro environment produces products and….
1. The impact of corporate social responsibility on consumer perceptions and purchasing behavior.
2. The role of corporate social responsibility in building brand reputation and trust.
3. The challenges and opportunities of implementing sustainable business practices in a globalized economy.
4. The importance of ethical sourcing and supply chain management in corporate social responsibility.
5. The role of businesses in addressing social and environmental issues through corporate philanthropy and community engagement.
6. The impact of corporate social responsibility on employee motivation, retention, and productivity.
7. The relationship between corporate social responsibility and financial performance.
8. The implications of government regulations and policies on corporate social responsibility initiatives.
9.....
1. The Impact of Social Media on Adolescents: A Comparative Analysis
2. Exploring the Role of Education in Reducing Poverty
3. The Pros and Cons of Genetic Engineering in Agriculture
4. Addressing the Mental Health Crisis: Strategies for Promoting Well-being
5. Examining the Effects of Climate Change on Global Biodiversity
6. The Influence of Media on Body Image and Eating Disorders
7. Enhancing Cultural Understanding through Travel and Tourism
8. The Importance of Ethical Consumerism in Shaping Sustainable Business Practices
9. Promoting Gender Equality in the Workplace: Overcoming Barriers and Challenges
10. Analyzing the Impact of Technology on Human Interaction and Relationships
11. "Fashion Forward: Revolutionizing Sustainability in the Garment....
Business - Management
In such cases, specialists advise that SMEs should focus on the factors that significantly influence the successful implementation of these standards (Baxter, 2004). These factors are represented by cost…
Read Full Paper ❯Economics
The benchmarks used in evaluating investments' performance are represented by overall indexes like NASDAQ, or industry specific indexes. Business practice has revealed that economic performance is significantly influenced by…
Read Full Paper ❯Business
Sustainable Business Model: The Impact of Sustainability on Shareholders The objective of this study is to consider the need for adopting sustainability as a business model and to present…
Read Full Paper ❯Business
Growth Sustainable Business Plan Organizational Overview Proposed New Business Intellectual property rights (IP) Target Customers Market Segmentation Competitors Skills analysis esources equired for the Plan Cash Flow Forecast Plan for obtaining resources Type of organization and the Management Information Systems Vision…
Read Full Paper ❯Business
The strategy P&G deliberately took was to bring greater sustainability into their supplier management processes to the product and process level while also concentrating on cost reduction and…
Read Full Paper ❯Business
Additionally, businesses must anticipate seasonal shifts in demand when allocating and anticipating costs. A toy company cannot assume that the revenue it enjoys after a Christmas marketing a…
Read Full Paper ❯Business
Business Ethics Business Structure and Ethics in Organizational Behavior Business ethics can also be known as corporate ethics. It is described as a form of professional or applied ethics that helps…
Read Full Paper ❯Business
Business, Personal, Moral Ethics When we know something is right or wrong, good or bad, because of certain facts (not just preferences), we're confronting moral issues. Hurting people is wrong.…
Read Full Paper ❯Business
P&G has recognized that there are three pillars needed to support its sustainable development strategy. These include environmental protection, economic development, and social responsibility (MacNealy, 2007). Summary and Future…
Read Full Paper ❯Business
Business Ethics: Corporate Social esponsibility and the Triple Bottom Line Picture two companies, Company A and Company B. Company A manufactures chemical products and has been on the receiving end…
Read Full Paper ❯Business - Ethics
Business Ethics magazine recently awarded the Chroma Technology Corporation, a Vermont-based manufacturer of high-tech optical lens products, the "Living Economy Award" as part of the 16th Annual Business Ethics…
Read Full Paper ❯Medicine
Sustainable Distibution fo Essential Medicines in Emeging Makets Business Case Backgound The Sustainable challenge Cuent distibution climate of Cue Phamaceutical The gowing impotance of the emeging makets Baies to gowth Pocuement and Distibution Challenge to oveall…
Read Full Paper ❯Energy
Sustainable Energy Storage One of the most dire and challenging crises faced by the human race today is the complete reliance on the generation of artificial power and energy in…
Read Full Paper ❯Business
Schaltegger, S. & Wagner, M. (2010). Sustainable entrepreneurship and sustainability innovation: categories and interactions. Business Strategy and the Environment 20: 222-237. Schaltegger & Wagner (2010) create a usable framework for…
Read Full Paper ❯Business
Innovation Models Lead to a Sustainable Business -- Closed vs. Open Innovation Following the introduction of the concept of open innovation, the exploration in the area has increased significantly.…
Read Full Paper ❯