An investigative journalist from the BBC has claimed that a major clothing brand uses factories in Indonesia which pollute nearby rivers, damaging the health of local people who use the rivers for bathing and washing. The factories provide much-needed employment in the local area. Determine the different groups of stakeholders involved in this issue. As CEO of the clothing brand, how would you balance the interests of these different groups of stakeholders?
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An investigative journalist from the BBC has claimed that a major clothing brand uses factories in Indonesia which pollute nearby rivers, damaging the health of local people who use the rivers for bathing and washing. The factories provide much-needed employment in the local area. Determine the different groups of stakeholders involved in this issue. As CEO of the clothing brand, how would you balance the interests of these different groups of stakeholders?
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- With relevant evidence discuss how the pandemic has negatively affected two industries of your choice, and evaluate the Government’s effort in trying to resolve the market failures in these industries.What should the firm do if customers want to purchase a product that is not only bad for them (tobacco, alcohol, or fast food) but is also bad for the society (higher health-care costs)? What will be the impact on the stakeholders?Ceylon Coffee Vendors PLC Ceylon Coffee Vendors PLC is a company that installs and supplies coffee vending machines in offices, schools and at petrol stations. They were the first coffee vending machine company to sell fair trade coffee. and they have a brand image on ethical activities. However, sales have been declining for many years as many consumers have switched to purchasing better quality coffee from the growing number of coffee shop chains. The marketing director, Mr. Thomas, has been investigating the market for disposable coffee cups that are fully recyclable as the contribution made by the manufacturing industry growing and trading to environmental and social issues. The cups are manufactured from a combination of paper and coated in Polylactic Acid-Based plastic to make them waterproof. He believes that this would allow Ceylon Coffee Vendors PLC to sell to the big coffee shop chains, to exploit the benefits from the growth in this market. The initial cost of the expansion…
- Discuss the importance of environmental scanning and explain how the founders of Airbnb scanned the environment before starting their company.Suppose your city is debating a change in policy from illegal use to legalizing recreational use of marijuana and cannabis products. Your local officials ask you to identify the appropriate aspects required to perform a cost- benefit analysis of this policy change. Using the principles of cost-benefit analysis, your local officials need help in identifying and understanding the benefits to consumers, the benefits to producers, total costs to consumers, total costs to producers, total costs from possible externalities, opportunity costs, incommensurable effects and intangible effects. For simplicity, dynamic time effects, which involve discount rates, are ignored. Following the principles of cost-benefit analysis, are the possible positive health effects (a positive externality) accounted for in cost-benefit analyses? O No. The health effects do not factor into cost-benefit analysis. O Yes. The health effects should be estimated but are a transfer and thus ultimately do not count…Exclusion of environmental costs of resources used and environmental damage incurred, from the market prices of goods and services is one of the four basic causes of Environmental problems. Explain this statement with specific examples taken from two different business activities?
- Review the conflict of interest scenarios (parts 1 and 2). Identify the issue and indicate the regulation or best practice principle involved. How should the organization/provider respond to the issue? What should the organization/provider do to prevent future issues or mitigate any future harm/damage to the patient or the organization? The first scenario involves doctors who are financially motivated to prescribe certain medications or treatments, even if they may not be the best option for the patient. These doctors may receive kickbacks or incentives from pharmaceutical companies, leading to a conflict of interest that can compromise the quality of care. the second scenario involves doctors prioritizing their patients' well-being. These doctors strive to provide evidence-based recommendations and treatments that are in the best interest of their patients' health. They prioritize unbiased information and consider the individual needs and circumstances of each patientUsing the Insurance company to launch a new medical product for the health insurance exchange health care sector, How can I analyze the impact government agencies have on services companies that are offered or products that are available to the health care consumer from the product in the health care sector they belong to. for example, a manufacturer of durable medical equipment will be subject to different regulations and government oversight than a medical waste management company. Insurance company launching a new medical product for the health insurance exchangeWhat is the external environmental analysis process (four parts)? What does the firm want to learn when using this process?
- Analyze the Sendai Framework of Action 's roles for governments in reducing disaster riskShould governments make retailers and manufacturers charge consumers a fee to fund emissions controls? Explain your reasoning.Best Electronics Sdn Bhd is a leading household electronic appliances manufacturer. It is based in Penang, Malaysia. This company aims to reduce their environmental impacts by 2030. (a) Justify THREE (3) reasons for this company to implement the strategy of Extended Producer Responsibility (EPR) and Corporate Social Responsibility (CSR (b) Differentiate between EPR and CSR. (c) Propose TWO (2) EPR activities and TWO (2) CSR activities for this company. Explain