A Report On The Industrial Modules Essay

2 Reduced waste: With improved systems there would be reduction in waste and fewer defects in the products. This will help in adding to the profits. Logistical improvements will help in better organisation of physical space required and viable transportation and reduction in the waiting times for the materials required, thus giving lesser room for wasting time.

Many firms are learning that being environmentally friendly and sustainable has numerous benefits. (O.C Ferrell, Fraedrich, Ferrell, 2015). This could enable them to increase goodwill from various stakeholders and also save money in the long term. This will mean that they are being more efficient and less wasteful of resources, which will enable them to be more competitive by satisfying stakeholders. The CEO of

Creation of products that reduce energy usage, support sustainable forestry practice, promote cleaner water and less air pollution

During the Civil War, factories were built by the Union to defeat the Confederacy. After the Civil War, those factories continued to thrive which consequently led to the Gilded Age. “Gilded” meaning that something is wrapped thinly in gold, but doesn’t look good underneath. Industrialization collectively ruined the crop market, created monopolies owned by corrupt individuals, and restricted upward movement of American society. In response, industrialization had a negative impact on US society in the years 1865 to 1900.

Some of these things include, cleansing the air that we breathe and the water we drink and also slowing the pace of climate change by being the largest global storehouse for carbon dioxide

1) using renewable energy. 2) Reducing reliance on pollution products like cars. 3) charging Industries that produce high levels of pollution.

Existing services can be purchased and implemented quickly within the SOA. This increases our capabilities and ensures we stay caught up with the larger firms. In essence this can level the playing field providing valuable resources and systems.

Three general principles will guide the move towards sustainability. Firms and industries must become more efficient in using natural resources; they should model their entire production process on biological processes; and they should emphasize the production of services rather than products. Versions of the first principle, sometimes called eco- efficiency, have long been a part of the environmental movement. "Doing more with less" has

Technology is making distribution, processing, production, development, and exploration of natural resources and alternative resources more cost effective, and protective in regard to the environment. The Technology that we have today has given humans a way of reducing negative effects on the environment that we have caused; such as the depletion of natural resources, the burning of fossil fuels, and other behaviors which have caused negative environmental effects. One effective way for technology to have a positive impact on our environment is

In this module, I thought the way that I was taught about the Industrial Revolution was very interesting. In past grades, I have been taught about the Industrial Revolution's impact on the United States. However, in this module, I was taught about how the Industrial Revolution was berthed in England and how it affected other countries across the globe. This viewpoint of the Industrial Revolution did contradict my notion of that time period because I did not realize how much the rest of the world was affected by the Industrial Revolution outside of the United States. In addition to this, I found the section on imperialism to be rather interesting. I got to see how some countries and their inhabitants were affected by imperialism and learn

Tangible goods, or rather manufactured goods, have been the dominant medium of exchange for centuries. However, recent decades have proved that it is no longer the case as there has been a prevalence of being service oriented (Vargo and Lusch, 2004:1-2). Services, as defined by Vargo and Lusch (2004), are  “the application of specialized competences (knowledge and skills) through deeds, processes, and performances for the benefit of another entity or the entity itself (p.2).” Utilizing services gives businesses an edge, a competitive advantage, particularly in an evolving competitive market, something which Metalfrio is definitely part of (Vargo and Lusch, 2004:9).  Those businesses that learn to adapt tend to do well. In addition, Vargo and Lusch (2004) write this shift to services is also a shift from producer perspective to a customer perspective (p.2). Thus, it leads to more of a collaborative effort where co-creation leads to adding value to the service rather than a product having value (Vargo and Lusch, 2004:6). Also, customers rather develop relationships with those that can provide a range of related services over an extended period of time, thus allowing businesses retain their clients for the long term (Vargo and Lusch, 2004:13). Overall, service oriented marketing is a direction that businesses should be headed towards to ensure that they can remain relevant and competitive in the

When households, businesses and local governments implement resource efficiency improvements, they free up money for other purposes. It is the responding of this saved money that generates significant community economic advantages from resource efficiency. Think of the businesses and operations in your community. Imagine the environmental and economic results if grocery stores, office buildings, industries, schools, restaurants and public operations all curbed resource use by an easy 20%, and then went on to cut other operation costs through waste reduction, recycling and pollution

One positive implication capitalism has to the natural environment is industrial ecology, a system of chain production and consumption, serving to the lowest environmental impacts in a most environmentally sustainable economy as the main goal of operation (Richards & Pearson, 1998). The Companies in a like to operate in such way because of four major reasons. The most important factor is known as the corporate well-being, for it is determined by higher profits and growth provided by innovations in an industry. Profits are increased from recognizing the production ineffiency costs that comes from wasted inputs and energy losses; this allowing cost savings to increase and ineffiency to decrease. compliance with cleaner technology alternatives such as ones that produce less waste and less energy will provide long term savings which are both beneficial to the environment and the business at hand. A real world example freight company changes their salvaged driving equipment to hybrid vehicles. Money is temporarily lost, but the gasoline and maintenances cost savings will compensate in a long run period of time.

Industrial psychology is concerned with people at work. It is also called personnel psychology. A closely related field is known as organizational psychology. Traditionally, industrial psychologists have assessed differences among individual workers and have evaluated individual jobs. Organizational psychologists generally seek to understand how workers function in an organization, and how the organization functions in society.

A product can be a product or a service. If your product provides sufficient value to customers, they will buy - no matter how good or bad the economic situation is, if they perceive value they will pay the price (Wood, 2010).