How does the lack of knowledge about sustainability prevent companies from transitionning to th ecircular economy ?
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How does the lack of knowledge about sustainability prevent companies from transitionning to th ecircular economy ?
Sustainability illustrates the attaining needs of the present without endangering the needs of future people. Sustainability is the responsibility of the companies. For example, a company is required to keep natural assets for future generations. A company is required to create plans for 100-400 years in advance.
Sustainability can be one of the corporate social responsibilities as it is the commitment of the company towards society, customers, suppliers, investors, government, etc. They provide the resources and working environment to a company to grow and gain profit.
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- Comparing Palmolive and Dove, as soap manufacturing companies, what are the external influencing factors? Why does the market move this way, in this context with the external factors?Explain what is Forward integrations?What major trends discussed at the end of this chapter are different from previous external environments?
- ( )4. Which of the following creates an unfavorable environment for innovations and entrepreneurship? Market economy B. Economic freedom tate monopoly in production D. PrivatizationHow can technology improvea. Competitiveness?Conduct an external environment analysis focusing of Macro-factors. ( using PESTLE analysis) Through offering unique goods and services, entrepreneurs break away from tradition and reduce dependence on obsolete systems and technologies. This results in an improved quality of life, improved morale, and greater economic freedom. - Seth (2019)
- Why wouldn't Unilver just donate a portion of its profits to societal and environmental causes, rather than integrating them within the company's operations?Sustainability concepts cover triple bottom line among (a ) People (b ) Environment (c ) Profit Elaborate how can these three variables be balanced?I. Write ME if the following statement describe macro environment and me if it is micro environment. 1. External to and beyond the control of the company 2. The larger societal forces that affect the whole micro environment 3. Internal situations that directly affect the organization 4. Components: company itself, marketing channel firms. 5. Closely interrelated with each other and are dynamic 6. May directly and indirectly affect the firm 7. Characterized by basic variables that contribute to business survival, profitability, and success 8. Demographic, economic, natural, technological, political, and cultural forces