Monday, April 22, 2019
Corporate environmental management- business paper Assignment
Corporate environmental management- business paper - Assignment ExampleAlthough there has been increasing sensory faculty most the connections between business and the environment, there is a gap in the knowledge base about how to best address the environmental issues that affect business performance. The fox with McDonalds contributed to this knowledge base by providing an example of how best to manage resources in modulate to minimize environmental pollution. The collaborative assure was super commonplaceized so that EDFs work received numerous accolades. Because the research project received widespread attention, it enhanced industry-wide awareness regarding EDFs corporate environmental agenda. It had a positive effect on the public perception of EDF so that the confederacy could continue to pursue its agenda of promoting the use of economics in the epitome of environmental problems. EDF specialized in advocating the use of market based incentive systems to improve the e nvironment. The joint project with McDonalds enabled EDF to capitalize upon this expertness. EDF was an environmental group that possessed a combination of economic, scientific and legal expertise enabling the company to address environmental concerns effectively. The focus of the collaborative project with McDonalds was to reduce the eaterys use of material and generation of solid spoil. It involved economic abbreviation in which the company possessed expertise. Therefore the project was concluded successfully and received positive press coverage. By collaborating with coarse corporations, EDF would be able to keep pace with the change that is taking place in the industry. In order to maintain the effectiveness of its program, the company would have to keep pace with the changes in market drivers and regulatory drivers. This accusatory was met when EDF participated in the collaborative project with McDonalds. The environmental group specialized in the use of economic analysis t o address environmental problems. When McDonalds implemented the plan, it improved the effectiveness in supplier chain management. By implementing new management mechanisms and accountability procedures, McDonalds was able to improve business performance. Because the project was highly publicized, it raised awareness about the connections between business performance and environmental issues. Although the project focused upon materials improvement and waste reduction opportunities, it raised awareness about the effectiveness of using market-based incentive systems to address environmental problems. Since this was the field of study of EDFs specialization, the collaborative project contributed to the companys ability to affect market-based behavior. As a top the company gained reputation that would interest other companies to hire their expertise as well. Therefore from EDFs panorama the collaborative project with McDonalds was a success. Question 2 The successful completion of t he collaborative project with McDonalds enabled EDF to promote the use of economic analysis in addressing the connections between business performance and environmental issues. Therefore the environmental group should follow up the McDonalds project by developing progressive solutions for environmental dilemmas. In setting the strategic focus, EDF would have to consider several factors. One of these factors was maintaining the diversity of approaches. later the
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