13.5: Businesses' Response to Environmental Issues Flashcards
What drives businesses to respond to environmental issues?
Businesses are driven by government regulations, pressure from environmental organizations, and market environmentalism.
What structural changes do businesses make to address environmental issues?
Creating management positions and committees dedicated to environmental issues, with top management commitment to integrating environmental efforts into operations.
What are examples of senior management titles focused on environmental matters?
Vice-president, environment; environmental director; corporate manager of environmental affairs; environmental coordinator.
Why is finding individuals with the right expertise for environmental roles challenging?
It requires a combination of environmental expertise, managerial knowledge, and technical skills.
What are the four strategic approaches businesses can take toward environmental concerns?
Reactive, compliance, comprehensive, and commitment strategies.