The Business Process And Sustainability Of A Company

Our company analysis focuses on the Kohl’s corporation, which tailors to customers needs in apparel, shoes and home décor. Kohl’s entertain the idea of their slogan by saying “expect great things”, they set high standards in the business world from an economical stand point as the maintain almost 20 billion dollars in revenue and from a sustainability stand point as they have achieved numerous goals since the 2000’s. Kohl’s is a great company with many department stores located throughout the United States and in Massachusetts. There is one less than a mile away from Merrimack College that has a huge collection of apparel, shoes and home décor.

4. Read Annual Editions Article 4.1, "Africa's Hopeful Economies: The Sun Shines Bright", pp. 116-122, and Article 4.2, "Can Africa Turn from Recovery to Development?", pp. 122-127.

Economic growth is a sustained expansion of production possibilities measured as the increase in real GDP over a given period. Rapid economic growth maintained over a number of years can transform a poor nation into a rich one. However, some economies mostly in Africa stagnate and become poor because of huge debt burden that poses enormous risks to growth in these countries.

Kingsley Moghalu author of Emerging Africa: How the Global Economy's Last Frontier Can Prosper argues that the African economic can be transformed once there is a paradigm shift. which includes African countries creating complex products, the development of a stronger intuition, the use of propaganda and development of central banks. He believes that African countries can gain wealth and prosperity once these paradigm shifts are applied.

Economic growth, put simply, is “an increase in the amount of goods and services produced per head of the population over a period of time”; development is inextricably linked with this economic growth. By utilising theories of economic growth and development we can see how the Chinese and Sub-Saharan African economies have emerged, but, more notably, we can use these to look at patterns from past and present to show their experience and the implications of this growth for the future.

In recent years, sub-Saharan African countries have experienced macro economic growth. The growth rate per annum averaged 5.2% over the past decade between 2000 and 2011 (Kulundu, 2013). The growth rate has outpaced Middle East, Latin America and Eastern Europe after being the slowest growing region for many years. In Tanzania, the growth rate averaged 6.8% from 2005 to 2011. It was ranked 1st in East Africa and 8th in sub Saharan Africa. In 2014 the GDP was expected to grow by 7.2% and continue growing at annual averaged rate of 7.7% in medium term (MOF, 2014). Ifzal et al (2007) observed that, economic growth does not guarantee all people to benefit equally, because growth itself is not sufficient for poverty reduction. If poor or marginalized people are left behind, it will result in increase of income inequality (Ifzal et al 2007). Vijayakumar et al (2012) showed the importance of economic growth by identifying its effect in the economy. It’s observed that, if GDP growth decreases by 1%, it might trap 20 million more people into poverty. Therefore, it is evident that unstable growth will definitely have severe adverse impact on vulnerable groups of people in the society. Furthermore high and increasing levels of inequality may reduce the effect on poverty reduction resulting from a given rate of growth. Thus inequality has implications for social cohesion and political stability required for growth sustainability. This has been studied in several research works that have

“Sustainable” business practices are being touted, or even required, more and more by western society. What is ANZ’s sustainability policy and how is this congruent (or not) with cutting edge sustainability thinking and theory. Does this thinking and practice change across borders? And if so, how does the ANZ’s Australian head office engage with it? Does what they espouse align with the reality of their practice?

Although research on climate change is quite vague about the exact degree of warming and the consequences for the natural environment, a wide range of impacts can be expected (Metz, 2011). The temperature changes and the sea level rise, this has a negative impact on food production, water availability, human health, biological environment and infrastructure in coastal areas. Vulnerability is highest in poor countries where the changes will have a devastating effect. Metz (2011) states that there is no escape from the conclusion that human beings are responsible. As a consequence, the general opinion imposes responsibility for companies to put effort in

It is an organization’s goal to maximize shareholders’ wealth. At the most basic level, every organization has an economic responsibility to make a profit so that they can provide a return to their owners and investors, create employment and keep the economy flowing through contribution of goods and services. However, an organization must be also able to understand the importance of human and natural resources in the environment. Resources from the environment are not unlimited and its misuse can damage ecology and in turn, affect a company’s ability to achieve profit potential. The community is also another important factor because an organization’s customers are ultimately people in society and the well being of these individuals are

There’s growing interest in both general and business sectors for building sustainable organizations. More and more big companies are investing big money on retaining employees, providing gorgeous working environment and creating unique company culture. “Placing sustainability as central to business strategy and top management support can be viewed as fundamental drivers to an enduring, successful path to sustainable management” (HR’s Role in Building a Sustainable Enterprise: Insights From Some of the World’s Best Companies, 2007). We’ll talk about the HR’s role in building a sustainable enterprise and give two examples of how the IT giant Google and the ubiquitous retailer Walmart do their job to keep their people and what does that mean to their whole business and future development.

Africa is the second largest continent and to its advantage has an abundance of natural resources richer than any other continent (Africa: Why the Richest Continent Is Also the Poorest, 2008). Despite Africa’s great platform for a thriving economy, in 2001 The Economist declared Africa as a hopeless continent troubled by harsh poverty and underdevelopment (Africa: Open for Business, 2012). Regardless of the doubt felt over Africa, the continent has unexpectedly survived contractions in the global economy. Since the last commodity boom in 2001, Africa has managed to generate a higher economic growth rate than the global economy and its economy is predicted to increase to 5%-6% in 2015 (Macroeconomic Prospects, 2015). These promising statistics as well as Africa’s resiliency have made it a continent of interest to many companies, businesses and venture capitalist. South African businesses have been enticed to expand from their saturated markets to new African territories, so as to be the first to take

In Africa, the rate of growth has been greatly affected by the political, economic and social changes. This is an analysis of the current events and how economic, political and social changes can affect growth in this region.

Challenges to Economic Growth Africa in-spites a strong economic growth performance over the past years .food insecurity , highly unemployment poverty and inequality , to agricultural product dependence , lack of economic transformation ,environmental degradation , and low integration of the continent in the global economy these are the challenges ranging from the many countries in the continent are engage with several development .

Outside factors can influence the sustainability of a company regardless of the internal structure within the business. Some factors in the general environment that companies should be aware of include demographics, social, economic, political, and others. Understanding how each of these factors can impact the company allows management to make changes within the company for maximum success. At Tesla, the political, economic, and technological factors greatly impact the efficiency of the company.

Entrepreneurship is the most powerful economic force known to mankind. The Entrepreneurial Revolution that captured our imagination during the 1990s has now permeated every aspect of business thinking and planning. As exemplified by industry players and era definers like Sam Walton of Wal-Mart, Fred Smith of FedEx, Bill Gates of Microsoft, Mark Zuckerberg of Facebook, Alhaji Asuma Banda of Antrak Group of Companies, Mike Adenuga Jnr of Globacom, and Kofi Amoabeng of UT Financial Services, the applications of creativity, risk taking, innovation, and passion lead the way to economic development far greater than anyone could imagine.