¶ … production and consumption of material resources is an often overlooked but very important aspect of human life on earth, as we are increasingly fighting to maintain sustainability of the global population. The capital of natural resources is being drained as economic and political factors influence the production and consumption of material resources. Developed nations have fared much better than poor undeveloped nations in terms of moving towards being able achieve sustainability. Two production habits related to material resources that can be discussed and that are important for the sustainability of the global population; are the production of vehicles for transportation and also the production of electrical appliances. These two types of material resources have great impact on the potential sustainability of the world's population. The production habit of vehicles for transportation, specifically cars is driven by a global economy that demands the production of millions of new vehicles every year. This production habit is driven by the ambition of large corporations and governments to strengthen and sustain their economy by providing customers with...
This attitude which is adopted by car owners creates the unnecessary waste of fossil fuels which are non-renewable and which also affect global sustainability. The production of electronics is another production habit that must be considered. Like the production of motor vehicles, electronic appliances such as computers create a huge of amount of waste while at the same time depleting valuable and natural resources. The production of electronic appliances is also motivated by economic factors that come into play. Businesses and corporations motivate consumers to continually upgrade and purchase new equipment. This results in the creation of what is known as "e-waste," the decomposition of e-waste releases large amounts of CO2 into the atmosphere, thereby impacting the sustainability of the world's population.Innovation and Sustainability The long history of humankind has been the story of life and death, in relatively equal amounts. The problem of population growth is really the problem of less death, a result of greatly increased technological resources and understanding of the human body. As humans have been living longer lives, and particularly children who had previously been vulnerable in their youth, an increased amount of successful births has pushed
Sustainability in Business Sustainability PowerPoint® Presentation and Paper Sustainability refers to the capacity of a business to have no significant negative impact on the local or global community, environment, society or the economy. These businesses strive to meet the triple bottom line (TBL) which consists of people, planet and profit. This means that the businesses demonstrate their commitment to CSR through catering for people, the planet and profit. For people, it means
Innovation in Organizations Innovation is significant for all business entities, the different levels to which this significance applies notwithstanding. Bringing this about also requires the implementation of features like training, incentives, and education whose roles in triggering innovation are widespread. It is however imperative that implementing such features, say the reward systems, the organizations institute proper leadership and follow carefully laid down principles considering, the ethical implications they come with. Additionally,
Innovation and pricing are concepts that the manufactures and service providers should focus on. This paper focuses on how value is created on various products and services highlighting on the impacts value addition can bring to the company against the consumer behavior which is the center of focus. It looks at innovation and price variance in different market segments and addresses various reasons for the variances in pricing and the
Sustainability of Britt Coffee Sustainability is a huge word in business today. It is an admirable goal for business to make promises to lower their carbon footprint. Yet, it is the businesses that take this mission and align it with strategic financial goals that illustrate the theories of the late Peter Drucker in action. Drucker believed that without taking care of its operations first, there is no way a business could
Innovation and Change in Organizations Entrepreneurship is commonly understood as a process of starting a new business or restoring existing organizations on the basis of the new explored opportunities. In other words, entrepreneurship is directly linked with innovations and new practices in an organization. In this regard, in the view of Katz (2003), innovation is a creative step towards formulating new ideas and practices, and implementing it through products and services
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