-Session 6a - The Environment and Global Mangement

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    The Environment and

    Global Management:Addressing Environmental Issues Which Affect the Conduct of

    International Business

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    Environmental Forces Impacting

    Global Businesses

    Natural Disasters

    ! "our business# emplo$ees# suppliers and customers

    can be severel$ affected b$ hurricanes# t$phoons#

    and earth%ua&es!

    '! As a business o(ner# $ou must recogni)e the need fora Business Continuity Plan so that the firm can still

    operate in the %uic&est possible time after the

    disaster!

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    Environmental Forces Impacting

    Global Businesses

    Environmental Protection! Man$ countries around the (orld have environmental

    la(s (hich prohibit the indiscriminate dumping of

    manufacturing b$products!

    '! *ustainable development of ra( materials used li&e

    (ood# agricultural and fisher$ products# and naturalte+tiles!

    ,! Air and ground (ater must be protected from to+ic

    emissions li&e particle- or chemical-filled smo&e# and

    ash!

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    Environmental Forces Impacting

    Global Businesses

    Consumer Attitude1. Eco-labeling#environmentall$-friendl$ products and

    green pac&aging are big movers in the mar&et!

    '! Man$ companies particularl$ in the .eveloped World

    are creating more and more of these products in order

    to prevent further degradation of the environment!

    ,! Although greenproducts are more e+pensive# man$

    consumers in the West are (illing to pa$ more for

    them!

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    Environmental Forces Impacting

    Global Businesses

    Green Management Practices! Man$ global businesses are compl$ing (ith

    environmental regulations# conserving (ater#

    reducing greenhouse emissions# and practicing

    Reduce# Reuse# Recycle!

    '! Also# man$ international firms alread$ have an in-house Environmental Management System (hich

    ensures that the compan$ continuousl$ improves its

    environmental performance!

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