Dolnicar & Shafec (2013) assert that only countries that have a strong economy can start to produce fresh water from desalination because it requires a great deal of money. Moreover, water shortages could be alleviated by economic methods. For example, water can be collected and stored by transmission grids linked to houses. Then, the waste water could be useful after recycling. It is widely known that fresh water must be available for everyone, and there are many methods available for obtaining this water.
Introduction The rapid change in the economic, environmental, and social environment has directed all industries to address sustainability and include it in their plans. Over the past years, the oil and gas sector, which is considered one of the largest in the world, has grown remarkably making it very difficult making it very crucial for this sector to adopt and implement significant changes in the way it operates. For better understanding of the landscape of the oil and gas sector, The Abu Dhabi Company for Onshore Petroleum Operations ltd. (ADCO) has bees selected as a successful example for making sustainability an integral part of its organizational culture. Literature Review Many Studies have been conducted on sustainable
In fact, the hospitality sector is always affected by various economic tendencies, both negative and positive. The strategic plan will outline the major actions required for conducting the business. The strategic capabilities can be identified by means of VRIO criteria, where V stands for value, R for rarity, I for imitation opportunities, and O for the company’s competitive advantage (Evans, 2015). Resources and Capabilities VRIO Framework V R I O Competitive Implication Strong corporate culture + + + + Sustainable competitive advantage Strong investment in R&D + + + + Temporary competitive advantage Outstanding customer service + + + + Sustainable competitive advantage Highly qualified employees + + + + Sustainable competitive
Ritz‐Carlton International is the leading hospitality management company. Its political, financial, social and technological environment analysis are as follows: Ritz‐Carlton has perceived the value of laws and regulations of the individual country. The political situation in every nation is distinctive and must be addressed properly. Ritz‐Carlton has taken after convention composed by the individual country like; no smoking policy, non-fat food, low calorie diet and so on (Michelli, 2009). The rising economy of the Asia and other developing area is encouraging Ritz‐Carlton to invest more in these regions.
As the world becomes more and more aware of global warming and its devastating effects, the spotlight is on various industries that have a negative impact on the environment. The textile industry is one of the industries that have been identified as one of the biggest contributors to the negative effect on the environment. One of the processes that use huge amounts of water in the textile industry is wet processing for dyeing, finishing and printing. These processes enhance the products aesthetically making it appealing to the customer. Finishes such as flame retardants, adding softeners for a luxurious handfeel, dyeing, printing, add value to the textile.
Proctor and Gamble Company is one of the leading players in the consumer goods industry. There are a lot of reasons that allow companies to attain the level of development and commercial success that has been witnessed in Proctor and Gamble. While there are a lot of environmental issues that affect the operations and consequent success of business organizations, it is necessary to point out that the largest success contributor is in the inherent abilities of the company. The manner in which the organization organizes its operations and leadership is critical to the success of the team (Kuratco et al, 2014). In that line, it is notable that the internal factors within Proctor and Gamble have contributed to the enormous levels of success that
Businesses have been playing a crucial role in people’s lives. No matter what they go or what the occupations they are; people are drawn to get involved in businesses. However, behind the scenes of the business thriving, the environment is deteriorated each day. Many development schemes are come up with the plan related with the depletion of the environment (Shah, 2002). Because of people and environmental damages, attentions were drawn to corporations for ensuring their sustainabilities.
“In a truly great company profits and cash flow become like blood and water to a healthy body: They are absolutely essential for life but they are not the very point of life”–Jim Collins. This quote points to the fact that the long-run success of the business is found in a balanced combination between profit-seeking and sustainability goals. As the Corporate Sustainability section of Swedish Match illustrates, responsibility and sustainability embraced by a culture of transparency across the value chain are the two main pillars of successful operations. In the following paragraphs, the Corporate Sustainability report of Swedish Match will be discussed from a metaphor perspective in an attempt to outline the main messages this report aims to
Coca-Cola Enterprises believes that immediate action is to be undergone in regard to climate change one of the biggest risks for their organization. The organization recognizes the pert they must participate in addressing environmental impacts such as climate change. By saying this they are trying to grow a low-carbon company and motivate consumers and stakeholders to lead a better outlook for a more dependable future. Coca-Cola enterprises has come up with a strategy to reduce the carbon footprint of their organization. It focuses on three subjects; measuring the carbon footprint, setting targets and coming up with roadmaps to help reduce carbon and driving innovation.