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business environment - Coggle Diagram
business environment
examples:
climate change-Climate change refers to long-term changes to weather patterns. Scientists believe that business activity contributes to this global warming through the burning of fossil fuels and the cutting down of trees.
pollution-commonly refers to the contamination of air or water with harmful chemicals. Air pollution can cause a number of health-related issues, and animals and plants that live in seas and rivers are affected by water pollution. Business activity may also cause disturbance through noise pollution.
sustainability-Working in a sustainable way means that business activity does not use up or destroy natural resources. To achieve this, a business may use renewable energy, recycle materials such as paper and ink cartridges, or use devices that save energy and water.
waste reduction-Traditionally, waste has either been incinerated or sent to landfill sites. However, these are not environmentally friendly ways of dealing with waste.
Instead, businesses can reduce the amount of waste that they produce, which reduces costs and means that there is less waste to dispose of. Many businesses also look for ways in which waste materials can be reused.
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A business can carry out a green audit in order to measure the environmental impact of its activities. For example, this may involve measuring its
carbon footprint. The four main environmental issues that are most likely to influence the activities of a business are climate change, pollution, sustainability and waste reduction.
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ethical
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Exceeding expectations through putting customers at the heart of everything. This can include offering excellent customer service, quality products or services and making the customer feel valued and appreciated.
Only providing what customers need – this means ensuring that the business thinks about the needs of the customer and meets these rather than selling a business extra products or services to meet their own profit targets.
Giving clear and accurate product and service information to allow customers to make informed decisions.
advantages
lower costs, increased sales, government offers money to businesses who are willing to invest to help to reduce cost
disadvantages
it can be time consuming especially for large business, increased costs to make environmental friendly methods can cost a lot research to do and inaccurate calims can destroy reputation of a business
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