MGM102H5 Lecture Notes - Regulatory Compliance
Document Summary
Chapter 2- sustainability- lecture note: save the frog: gradually increasing temperature on a frog in a pot of water. Humans are poor at recognizing problems when they occur slowly. Environment is also gradually being harmed and it is not noticed until the harm has grown and there is no choice but to notice it are not cooperating. Is the ability for things to keep going, to sustain themselves now, in the future and forever. Why business should care about being sustainable: businesses harm the environment, business success depends on the health of our planet, response to environmental degradation. Eco management initiatives (how can we do things in a more responsible manner because it is the right thing to do; changing business practices) (way of doing business; sustainability practices have to be core in everything business does) Full integration of business strategies and environmental responsibilities: examine manager"s responsibilities related to environmental stewardship: