Business > QUESTIONS & ANSWERS > Conestoga College - BUS BUS8030Sustainability Final Assignment (All)

Conestoga College - BUS BUS8030Sustainability Final Assignment

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Final Course Assignment Sustainable Management Q1: How is climate change both a threat and opportunity for global businesses? Ans: As we know climate change means change in weather patterns and glo ... bal temperature due to emission of green house gases for long term. This climate change has affected the life of humans, animals, plants, trees, birds etc. No one is unaffected from this. There are so many different causes which impacts the environment badly and its consequences are positive and negatives. Apart from this, it has also impacted the global business operations. Climate change is both threat and opportunity for global business as explained below. Climate change as a Threat for business: 1. The first threat for business could be physical risk[ CITATION Mic19 \l 1033 ]. We can understand this with example of extreme weather changes occurring in Final Course Assignment 2 the environment. Due to emission of greenhouse gases, there is raise in the global temperature which further caused the scarcity of water resources[ CITATION Mic19 \l 1033 ]. This shortage of water directly impacts on the production and manufacturing of the products and also on the farming. 2. Second threat associates with the emission of greenhouse gases in the air[ CITATION Mic19 \l 1033 ]. It means companies are facing legal cases against them because of their emission of harmful gases after burning of fossil fuel[ CITATION Mic19 \l 1033 ]. These legal cases are unnecessary expense for the companies [Show More]

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