The Impacts of the Economic Environment in Tom’s Maine Brand Essay

Tropical countries such as India, endowed with rich biodiversity and natural resources. People consider environment as a part of their lives. Therefore, the natural environment should not be affected by the business activities. In India, natural resources such as water considered sacred. Also there are many powerful NGOs act upon environmental issues. For example, Coca Cola had to face many hardships in India because of the environmental issues. Therefore, it is very important to be careful with environment in the said country.

Businesses who participate in environmentally friendly practices will become more profitable. There are difficulties and costs that a business will face and profit takes time but is proven to positively impact a business. “The reluctance to address the forces that are polluting the planet always comes down to money (Smith, “6 Reasons Nations Don't Go Green.”). Implementing environmentally friendly practices within a company “will win them customers, and increase profits” (McDonald, “Why Do (or Don’t) Companies Go Green?”). Many global companies today carry out environmental management tools to adapt to environmentally friendly practices, which helps gain customers, and in turn becomes more profitable. In this paper, I will go into further detail explaining why businesses should be more environmentally friendly, the benefits to be gained, costs that come with being environmentally friendly, and management ways that help a company become environmentally friendly.

Environmental issues that affect their business operation include industrial waste, sustainable development of raw materials and water and air emissions. Most times when businesses are trading internationally, these issues affect business because the laws in which they operate sometimes require businesses to change equipment they use and adjust their former procedures to meet imposed standards, which sometimes is at a financial expense to the business.

Technology has revolutionized the world as it is today. People in different countries thousands of miles away can now communicate at the press of a button. Cities are designed and built using computer programs. Children now have access to a wide range of knowledge when they simply type a question into a search engine on the internet. Products are being

The internet offers the potential to achieve a global market success for any business. Businesses that go online increase their opportunities to reach their target market and is cost effective when compared with other forms of marketing. It creates opportunities, benefits and challenges for a business but in the long run is worth it for the added publicity and hopefully profits. Going online has benefited many organisations including Tesco PLC. I will be using Tesco as my example of the benefits, opportunities and challenges for a business by using the internet. Tesco has operated on the Internet since 1994 and started an online shopping service named 'Tesco Direct' in 1997 which

Also, this software has changed some job interview processes. Now, companies can save cost by interviewing potential employees through the computer. Especially, if the company is looking to hire a person from abroad. In my opinion, I can potentially see more interviewers using this software as part of their hiring process. Therefore, this could affect the way I prepare for the hiring process and communicate to my future boss. The last technology that has affected my life is online shopping. These days, I do most of my shopping on Amazon.com because the business has fast shipping if you’re a prime member and saves my wallet money. I notice most items I buy from the business are items that are from other sellers. I believe Amazon has found a way to cut cost by not making the product and no retail store. Therefore, it seems to me they have saved a lot of expenses. In my opinion, the Amazon process has affected my shopping habits in the real world. In conclusion, these three examples have affected my wallet in a positive way and have given me the ability to communicate from distance.

Environmental change is a logical certainty, and progressively a lived human concern. However, it is not yet what everybody should call social-global problem in one voice. It's not an essential almost we shape our social practices, nor a sufficiently huge social standard to go about as an imperative on our conduct. Around the planet there is developing energy to characterize environmental change as a security issue and thus as a motivation topping issue that merits noteworthy consideration and assets. Calls for movement are developing - yet at the same time outlined activities to address the issue has a cost or weight that will hamper business and go about as a drag on the economy.

The broad world of technology is rapidly changing and companies need to constantly be revolutionizing to stay ahead of the curve . If you can figure it out you will be successful in all categories of your company. It's not just mass producing an item it's about the product and what it does and how it helps people in their daily lives. If that doesn't happen you won't be a successful business owner. Without a doubt technology greatly improves our lives in recreational, personal, and industrial fields.

Three, Technology have help made shopping so easy for people like me who don’t like have the time to go to the shopping center. For example, I have three different jobs and I work from Monday to Sunday. I don’t even have times for myself less to talk about going out to shop. When I have the time to myself I have to use it to talk to my families and shop online. Shopping online save the stressed of standing in lines waiting to pay for things. Shopping online is easy and very cheap. I gets so many things on discounts and I love that. Technology made that possible for me. In Defense of Technology” by Andrew O

The environment in which a company finds itself has been a factor in a firm’s strategy, because of access to raw materials. The environment in which a company operates can make and break the company at the same time. Environmental factors are evaluated on the footprint left behind by a firm on its respective surroundings. It is important that every individual or management considers the environment in which they intend to set up a business.

Technology has advanced and changed very rapidly. Our business world depends on the most recent technology. Technology impacts customers’ choices of buying because what costumers want is convenience and personal satisfied tastes.

The general environment is composed of segments that are external to the firm. Although the degree of impact varies, these environmental segments affect all industries and firms competing in them. The

With the development of the global economy, the interaction between environment and companies became more important, therefore, throughout macro environment analysis, which includes political, economic, social, environment, legal and technology (PESTEL) that provides an indispensable part in the comprehensive list to understand opportunities and threats on the businesses (Searle and Barbuto, 2010). In this industry, political, economy and technology would mainly influence the strategies, thus

In today's world, no business operates in isolation without interacting with the environment where it operates. Irrespective of the nature of business whether public or private organization; manufacturing; service industry; local or international firm, its operations are inhibited by the environment in which it operates.

Globalization have some positive impacts on the environment to some extent but there are still some crucial negative impacts of globalization in play. The negative impacts are mainly export-orientated* destruction on the environment whilst the positive impacts are increase awareness and multinational corporations’ research into eco-friendly technology.