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not all businesses damage the environment. some business do and when that is so government does take action against it by giving financial penalties,including pollution permits. pressure groups may also take action.
business may slightly do a damage to the environment but not a lot.
think about the advantages a business activity brings into an economy
1. it combines scarce factors of production in order to produce goods and services.
2. produces those goods and service which are needed to satisfy the needs and wants of the population.
3. employs peoples as workers and pays them wages to allow them to buy goods and services.
What else can I help you with?
Why is Insurance in a business Important?
To recover from any business damage which can come in several ways like flood can arise, fire at your business place etc..
List and explain briefly 5 element of external business environment of business?
Five elements to an external business environment include the political climate, competition, government regulations, changes in the economy, and industry changes. External environment business elements can be summarized as being unpredictable. Elements include the political climate or political changes that could affect how a business operates. How a business handles threats from their competition. An organization cannot control their competition and therefore they may have to adjust their business model in order to stay competitive. Another external element is adjusting and dealing with government regulations. Businesses need to make sure they are compliant with regulations and laws. Compliance is important because it can assist in avoiding damage or threats to their business profits and operation. For example, being fined for not being compliant with government regulations is a possible threat. Depending on the industry, another element is the state of the economy. Changes in the economy could include inflation and interest rates rising. Both can affect how consumers frequent certain types of businesses or how industries are affected economically.
What is meant by marginal damage?
Marginal damage is a term used in the economics of law that refers to the incremental (derivative) change in damage incurred by increasing levels of risk or decreasing levels of prevention with respect to some kind of harmful activity. Marginal damages are used to calculate optimal levels of damage, risk, and prevention.
Why is it important to have good labor Relationship?
It is important to have a good labor relationship because your products will be created faster. The better your laborers feel the better your business will do. A bad relationship can damage a business.
What is social cost benefit analysis why is it important?
Social cost benefit analysis means that a business assesses the social ramifications of a business decision before doing it. It is good for business, so that they can plan to mitigate the damage they may cause by a decision that is unavoidable.
What kind of activity is continuity of business?
Continuity of business is an activity which is referred to daily activities of the company and should not be mixed up with disaster or damage recovery. A company makes sure that all business processes will be available to suppliers, customers and others.
How do volcanoes damage the environment?
From the smoke, it pollutes the environment. Actually, volcanoes are part of the natural environment and cannot damage it.
What is indirect damage?
Indirect damage refers to damage caused to people, property, or the environment as a result of a different event or action than the one that directly caused the damage. For example, a flood may directly damage homes and buildings, but the resulting loss of business and infrastructure damage may also cause indirect damage to the community.
How making papers from trees can damage environment?
Making papers from trees can damage environment, as for papers to be made, trees must be cut, and by cutting trees, we damage environment.
Damage caused by weight training?
Be more specific. Damage to your body? Damage to your home? To the environment? What kind of "damage"?
How does snowboarding damage the environment?
It doesn't
What substances damage the environment?
It is people.
What damage can oil cause to the environment?
the damage can be cause by peoples mewssing around
What are the effects of physical activity on enzyme activity?
Physical activity can alter the shape of enzyme which can cause damage or may the enzyme become inactive
What can damage or destroy rainforest?
All destruction and damage to ENTIRE forests is normally the result of human activity.
What can pollutants do to you?
they damage your body and the environment around you.
How do human beings damage the environment?
they pee on it
