Being exposed to air polluted with harmful toxins can result in complication with the respiratory system and inflammatory organs. This can lead to an increased susceptibility of chronic diseases. With the social justice approach, communities can collectively work together to reduce the damaging effects climate change has on environmental and health outcomes. As social justice focuses the just distribution of burdens and diseases, marketplace fairness fixates on personal responsibility, self-interest, and individualism as the basis for outcomes. Individualized actions to reduce effects of climate change can include car-pooling, investing in renewable power resources, and orchestrating gardens and timber to supply supplemental oxygen into the air.
(P2.2) It is important that Nordstrom knows in what environment they work in when launching a new store therefore, an environmental audit gives an idea and figure in which the company operates or work. This can be done by a PESTLE analysis. Political Factors Political factors play a significant role in determining the factors that can impact Nordstrom 's long term profitability in a certain country or market. Nordstrom is operating in apparel stores in more than dozen countries and exposes itself to different types of political environment and political system risks.
The two emerging trends in this area include environmentally friendly products and business sustainability. These trends present an opportunity to Trader Joe’s whereby the company should address the ecological factors by improving its operational efficiency using technological innovations. It can also adopt better policies and standards on the products sold in their stores (Yüksel, 2012). Legal Factors Legal factors are the various law requirements and regulations that need to be followed in the retail industry.
These factors include population growth, age distribution, health awareness, occupational attitudes and so forth. These factors are particularly important because they have a direct impact on how the company understands customers and what drives them. Technological factors : How quickly the technology landscape changes and how it affects the way we market our products. Technological factors affect marketing and management in three distinct ways: New ways to produce goods and services New ways to distribute goods and services New ways to connect with target markets Environmental factors These factors have become important because of the increasing scarcity of raw materials, pollution targets, and business as a moral and sustainable company.
Dermal fillers clinics engage with a Computer marketing Company Nobody imagined technology would be incorporated in the business world and slowly replace the traditional set platform. Digital marketing strategies are the future of the marketing sector. Business owners are desperate to stand out from their competitors. The dental industry is crowded with numerous clinics. As a result, dermal fillers clinic owners should go an extra mile if they would like their brands to stand out.
D2: Health, safety and hygiene regulations and their impact on food retailing. Health and safety laws An Act to make further provision for securing the health, safety and welfare of persons at work, for protecting others against risks to health or safety in connection with the activities of persons at work, for controlling the keeping and use and preventing the unlawful acquisition, possession and use of dangerous substances, and for controlling certain emissions into the atmosphere. This act is really important for food retailers to meet their health and safety because it will reduce the risks for their employees and customers. If food retailers don’t meet their health and safety, they will be prosecuted and fined thousands They will also lose their reputation and performance.
Having this awareness of how the business behavior can impact on stakeholders helps business people to be able to acknowledge the fact that where they operate exist a community, and therefore pollution can impact them also. Corporate social responsibility helps reduce operational risks and hence attracts customers for its reputation of sustaining the environment. However CSR is of importance only if the management and leadership of a business incorporate to produce better results. Management is needed in his case for organizing and staffing ideas so as to monitor implementation on how best to protect the environment and therefore it needs strong leaders to align the people needed. Managers are
Economic reasons are metrics that measure and verify the wellbeing of a given fiscal microcosm within the entire international economic system. These reasons incorporate trade premiums, gross domestic product (GDP), customer purchasing indices, interest charges, inflation, and a quantity of other warning signs of financial wellbeing or direction. Social explanations would loosely be outlined as a demographic evaluation, the place unique corporations display preferences or tendencies that can be leveraged or that can threaten a given incumbent. Technology performs a larger and bigger role every year in business and can
Economic factor Economic factor examines the outside economic issues that can play a role in a company’s success. Economic factor has a significant influence on how company does business and how profitable they are. Items to consider include interest rate, exchange rate, economic growth, inflation, monetary policy, unemployment, income distribution, infrastructure costs and availability, consumer expenditure, foreign direct investment (Jeff, 2008). Economic factor impacts directly Starbucks performance through the income distribution in Vietnam market. The
Therefore, we need to think about tomorrow with respect to every action that we take in the environment and in this case we can say that sustainable development requires slower population growth. With this in mind, we need to be educated through our cultures about the impact we caused to the environment as we continue to reproduce. The challenge of environmental ethics has led to the attempt to apply traditional ethical theories, including consequentialism, deontology, and virtue ethics, to support contemporary environmental concerns; the preservation of biodiversity as an ethical goal; the broader concerns of some thinkers with wilderness, the built environment and the politics of poverty; the ethics of sustainability and climate change, and some directions for possible future developments of the discipline [ CITATION And15 \l 1033 ]. With this multi-dimensional approach one can see that it is more of a cultural issue to think of it from its origin.
MITEI explains the process of hydrofracturing and discusses its significant environmental impact, its influence on economies, and the hazards posed towards human. The controversy, both proponents and detractors, surrounding hydrofracturing is introduced in this reference. Supporters have noted alternative fossil fuel development as an essential component to energy independence and a medium for economic recovery, while detractors have noted its subsequent effect on the environment and economy.