Mechanism of the Marketplace

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Mechanism of the Marketplace

There are different sources of pollution. Biosphere is polluted by solid waste, gas emissions, and by discharges of steel, metal and engineering plants. The great damage to the water resources is made by the effluent pulp and paper, food, timber and petrochemical industries. The development of road transport has led to the pollution of cities and transportation routes by heavy metals and toxic hydrocarbons. Permanent increase in shipping trading caused almost universal pollution of seas and oceans by oil and oil products (VanDeVeer & Pierce, 1998).

In order to stop the increasing damage to the environment, some restrains should be provided. Firstly, it would be reasonable to introduce heavy taxation for those factories that overuse the possible level of pollution. Secondly, the managing control of the factories should be improved, especially the monitoring system of the utilization of wastes. At last, the environmental education is very essential. In addition, the environmental impact must be clearly defined and implementation of programs for its minimization should be introduced. Besides, increasing efficiency should be provided by optimal use of raw materials and natural resources. What is more, the general scheme: eliminate, reduce and reuse waste and maximum recycle – should be followed by all the factories. (VanDeVeer & Pierce, 1998).

That is why; the issue of corporative responsibility to the natural environment should be introduced. Thus, top-level managers should always consider the risks and effectiveness of the strategy of the environmental and labor protection. Another important thing is the improvement of the environmental and labor protection through the usage of advanced control systems and goals setting. The corporative responsibility is very important issue in the business. Thus, following its main rules will decrease the level of pollution and help to maintain the natural environment.

Corporate social responsibility is extremely crucial in the society. This is where the organizations in the society take the responsibility of ensuring their environment remains maintained. The organizations use resources from the society and the environment and thus the organisations should give back to the society and live the environment better than it previously was. Environmental ethics refer to how individuals in an organization should behave in reference to the environment. (VanDeVeer & Pierce, 1998).

The environment is extremely valuable to the community, and when organizations help in maintaining it, they attract more customers, and investors. This also motivates their employees to work hard, hence improving the productivity of the firm. In addition to this, corporate social responsibility differentiates a firm from its competitors. This can be a source of competitive advantage which can lead to increased profitability in the long run.

Corporate responsibility helps a firm to improve its social environment in the community, which is beneficial to the firm. Managers should realize that they depend on the environment and society for inputs and labor; thus, they should strive to make a contribution towards managing the environment. The responsibility for the natural environment dictates that organizations should make decisions with the aim of widening the stake holders’ interests and not just the shareholders interests.

A clean and healthy environment is extremely valuable. This not only ensures people in the community remain healthy but also it improves the aesthetic appearance of the place. Many organizations establish in an environment and pollute ut or destroy the aesthetic appearance of the place. This is unfair to the people living in the region. Organizations are; therefore, urged to abandon the free market view that states that the role of business is to maximize shareholders wealth and embrace the corporate social responsibility view. This will help upgrade the society and the environment hence creating a better work and living environment for everyone. (VanDeVeer & Pierce, 1998).

 

References

Donald VanDeVeer, Christine Pierce (1998). The environmental ethics and policy book: philosophy, ecology, economics. Philosophy Series. Wadsworth Pub., p. 673.

 

 

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