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How has the various topics and events over the semester impacted the…
How has the various topics and events over the semester impacted the business world an our society as a whole?
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Stakeholders
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Governments (Politician)
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cannot change the trades and way the world works because it may cause an economic collapse or recession
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Tax-payers (Citizens)
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may think they have no power, especially in countries with no freedom of speech against people in power
Criminals
against the law, working around the existing rules
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Free Rider Problem
Ultra rich require the labour/resources of lower classes to maintain their wealth, status and power
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Stakeholders
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Businesses
bad position, need to spend more to send their goods out
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Climate Change
Energy Sources
Developing countries depend on non-renewable energy sources like coal in order to grow their economy
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Stakeholders
Corporations
Use given resources or resources in demand, such as plastics, for optimum profit while being cost efficient
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Politicians
Want to be elected through support in trends and also maintain the status quo or better the economy: may want to go carbon neutral as the news and common people are demanding it
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Stakeholders
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Scientists
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also want to preserve wildlife and not have a mass extinction of species that may disrupt the equilibrium of the global ecosystem
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Stakeholders
Government
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The cost for 31,251 stations (2-8 ports each) would cost roughly $7.8 billion dollars ($250,000 each)
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Joe Biden plans to give an $15 billion investment to build 500,000 charging stations.
Consumers
Want a method of transportation with the best range, price, durability
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Companies
Want consumers to purchase their cars with specific ports or features in order to expand their business
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Implications
law to have only one port for all electric vehicle rather than separate charging ports, similar to Europe
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Battery Conditions
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lifespan of an estimated 5-10 years, like that of a normal car
warranty is the battery capacity goes under 30%, it will be replaced
Northwest Passage
Implications
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reduction of fuel usage and by extent, climate change in future,
Stakeholders
Canadian citizens
Would like to keep the new waterway under Canadian control to encourage settlement in the north, and also improve Canada's GDP
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Canadian government
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a new waterway would open up trade from the east coast of north America and Mexico to Greenland, Iceland, the UK, and most of the coastal European countries.
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Panama Government
Would like for the waterway to stay under Canadian control as to become too expensive of an option for some of their current passengers through the other canals of the world
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meat industry
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Implications
Ethical Component
suffering of animals, unethical housing
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