MGM102H5 Study Guide - Final Guide: Unifor, Enterprise Resource Planning, Management Information System
Document Summary
Matt vanderkooy: increasing sustainability beneficial for industry name of company : Geosynct environment(bearable how does it affect environment ), social(equitable impact of action on society) and economic(viable short term/long term financial impact) triple bottom line joining of all 3 is perfect for sustainability. Drucker says creating cheap g/s and keep customer. Freidman says increase shareholder value (using lot of resources not sustainable or cost effective) Dupont case: mission = sustainable growth and increase shareholder value. Area where wanted clean soil (remove coal tar). 3 choices: excavate(expensive)(3rd best choice), thermal stabilization (expensive)(2nd best choice), smoldering combustion heat up tar (star) most sustainable remedy. Lawyers make decisions to avoid suffering and embarrassing issues. Law also type of business world in itself : lots of scrutiny. Must advise clients of increasing uncertainty especially changes in laws. Legal advisors: if outcome bad, they are not blamed as don"t actually take decisions.
