Thursday, May 9, 2019
Meeting challenges for sustainable business Essay
Meeting challenges for sustainable origin - Essay ExampleThe success of any headache requires a vast wealth of resources such as labor, capital and land. The environment on which the business is founded critically dictates on the course the business is likely to reserve when it comes to success The political atmosphere in any country has a direct influence on the sustainability and flourishment of any business. A politically conducive environment is likely to attract investors from other countries and continents thus rescue a fresh perspective in the face of the countrys development. These investors play a actually important role in adding something to the current resource pool of the country they are investing in. in the lead starting a business venture, one should critically study and scrutinize the economic status of the country. more or less countries might be experiencing resource constraints and also harsh environmental conditions. Consequently, sophisticated solutions to these shortcomings should be put in place in order to deal with these challenges for the business to thrive. Sustainable strategies There are several sustainable strategies that make believe adopted in order to improve the economic development in Nigeria and further rear the development in 2053 and also future generations. There should be new legislations in 2053 put in place to boost the economic sustainability of the anoint industry in Nigeria (Hawken, Amory, Lovins and Hunter 2010). The business targets to obtain crude oil booms from other nations which give impetus to the business in its efforts to become sustainable in 2053. Technological approach in reducing the emission of gases should be put in place in order to bring to pass an eco-friendly ecosystem. Sustainable development shows a link of environmental protection with economic development. The business aims to use its innovative technology in 2053 to produce less polluting fuel alternatives thus avoiding stiff comp etition from other businesses consequently salvaging the market for future prospects. Production of eco-friendly oil products gives a competitive advantage thus contributing to the sustainability of the business (Roome 1998). The business plans to embark on the use of computers to immediately detect leakages of oil pipes in 2053. This avoids losses by dint of leakages while protecting the environment. Development in infrastructure is among the businesss strategies in 2053 to ensure nice delivery of the products (Bouyssou, Dubois, Rade and Pirlot 2010). Protection and preservation of oil militia is encouraged for the sustainability of the business in 2053.The oil reserves in Nigeria can meet the fuel demands for Nigeria and her export market. This assures that the business venture can be feasible. Impacts of environmental limitation Oil spillage can pose serious effects to the environment and therefore adhesion the business from becoming sustainable in 2053. This spillage has an effect on the ecosystem. For instance, the Nigerian mangrove trees have been destroyed by oil spillage (Carlin 1994). Aquatic life is at greater risk out-of-pocket to oil spillage causing death of fish leading to a reduction in their population. This affects the aliment chain for future generations in 2053 and loss of biodiversity. The human life is endangered when man consumes water that has been pollute with oil. This causes death thus reducing human labor which directly impacts business sustainability in 2053. Natural gases flared during oil extraction in Nigeria release a lot of methane gas which causes climate change. Carbon dioxide produced causes global calefacient leading to adverse climatic patterns. Any business that
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment