Answer to Question #51746 in Management for rini

Question

Elaborate the relationship between all the environmental factors with regards to international business.

Answer 1

Answer on Question #51746 - Management
Elaborate the relationship between all the environmental factors with regards to
international business

Industrial companies or manufacturing often work with different types of machines ,
equipment and chemicals producers of other contaminants. To reduce the likelihood
of damage to the environment, federal and state regulations require that
companies consider certain natural environmental factors in their general plans
of operations .
Companies must meet certain standards that help reduce the adverse effects of
activities on the environment . As a result, the natural environmental factors
such as clean water and air, define the way businesses conduct their day-to-day
operations.
Climatechange is an insidious threat because the pace of change may be recognisable
only if considered on a decade-by-decade basis. The effect of climate change
will not fall equally on all nations and all businesses. Businesses that depend
directly on a good supply of water e.g. agriculture, field sports will be
adversely effected if climate change results in reduced rainfall. However the
flow on affects of drought will eventually work their way through to all
businesses in the effected community. The weatherdepends on climate and season, and a business ofagriculture especially depends onthese factors.
Distance, in spite of due to communicationtechnology and transport, the world is called a global village, even then it
still remains a vital factor in trade and business. Distribution of population,
resources and climate variation all bear on production cost, market and type of
produce having impact on business.
Thus, I consider that55% of influence on international business belongs to the natural environmental
factors, 30% - to climate changes and 15% - to other environmental facts.