Thursday, May 16, 2019
Environmental Issues Can Be Handled Without Compromising on Profits Research Paper
Environmental Issues Can Be Handled Without Compromising on cabbage - Research Paper ExampleThe strategical avoidance or minimal compliance with the regulations pertaining to environmental focus has led the corporations to environmental pollution or degradation of the environment. The managers are usually faced with difficult situations when they control to trade-off between economic profitability and concern for the environment. However, firms can address the environmental concerns while stay sustainable although different firms may follow a different path to achieve the objectives. Managers commitment to sustainable development can be a source of competitive advantage but they view strategic environmental issues as threats (Lpez-Gamero, Claver-Corts & Molina-Azorn, 2007). It has withal been found that the number of resources available to the organization as well up as the size of the firm determines the firms orientation towards appropriate environmental initiatives. This is evident from the subject field of the Body Shop and its take over by LOreal. Body Shop is known for its honourable stand on animal examination, human rights, community trade and the environment (Glasgow, 2006). The Body Shop had been positioned as an ethical and green-conscious business, believing in fair-trade workouts (Alarcon, 2008). Body Shop had been seeking financial support and when the takeover was decided, it was also agreed that Body Shop would continue to operate as an independent unit. LOreal is 25% owned by Nestle and is a brand in itself. While Body Shop was dead against testing its cosmetics on animals, LOreal has always been doing this. LOreal has refused to sign the Compact for Safe Cosmetics a Code of practice that requires the removal of potential carcinogens and other toxins from beauty products (Russell, 2007).
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