Thursday, February 6, 2020
Environmentally Susutanable Business Essay Example | Topics and Well Written Essays - 2500 words
Environmentally Susutanable Business - Essay Example The companies of one country are successfully involved in trade relations with other countries. Also, many of the countries are having their production units in many parts of the world, making them truly multi ââ¬â national corporations. The one major aspect of the tremendously competitive business world of today has been the flow of information. It is perceived that the right information in the right moment can do the trick. Also, the reach of the end customers have increased by great extent, thanks to the modern methods of communication like that of internet and cellular phones. Analysing the above facts, it can be well accepted that the commercial fraternity across the globe has been experiencing terrific competition like never before. Apart from the core competencies, the companies are always looking for the extra edge that could gain them the advantage. The companies of modern world are no more focusing on increasing only the shareholdersââ¬â¢ value. Rather, the concept in contention today is the enhancement of stake holderââ¬â¢s value. Almost all of the major corporate houses are emphasising to create value for all the stake holders namely the customers, the suppliers, the employees, the regulators, the financial institutions and even for the media along with the true owners i.e. the shareholders. The companies are focusing more on sustainable and long term development. It is well accepted today that only those companies that bank upon sustainable development could exist amidst the turbulent times of today. Royal Dutch Shell, popularly known as Shell, has been one of the leading energy and the petro - chemical producing companies of the world. The company aims to meet the energy requirements of the society without compromising the economic, social and environmental factors. The group recognises the fact that resources are scarce and therefore employs every possible measure to use the resources in the best possible
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