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B-Corp Business

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In this case, te company’s management will need to provide more information on this issue. Dcision about acceptance and membership/participation of the company in the B Corp community is made by the B Lab’s Board of Directors and Standards Advisory Council (Bcorporation. Te B Corp Certification process should be completed every two years. A it has been already mentioned the B Corp community is comprised of more than 1000 businesses. Tese companies operate in 60 different industries, icluding: acounting services; aricultural services; aparel, fotwear and accessories; achitecture, dsign and atomotive sales and repair; boks and media; bilding materials; ctering and meetings; cntractors and builders; cedit provider; eucation and training services; euity investment; fcilities, gound and maintenance; flm and music production; fne arts; ec.

Wile there are many different companies operating in various industries, te majority of the companies provide services. Een though there is a number of businesses that are classified as those operating in industrial manufacturing, tey are very small comparing to the large manufacturing companies. Te dominant share of the B Corp businesses is small/family businesses the average number of employees not exceeding 35.

Te community of B-Corp has both strengths and weaknesses which vary depending on the size and the industry in which the company operates. Tus, fr example, fr small and service oriented firms the key strengths is that their activity has nothing to do with significant environmental impact as these companies do not manufacture anything. I this case it is easier for them to pass certification process of B-Corp. Fr large businesses involved in heavy manufacturing, asessment at B-Corp can be challenging difficult to complete and maintain as the manufacturing industry and scales of the business have huge impact on the environment.

O the other hand, lrge businesses have more resources and money in order to contribute something to improvement of community’s life. Sall firms have much more limited capabilities and therefore their achievements can be less significant comparing to those of the large firms. Te NCEO is a “nonprofit membership and research organization that was founded in 1981 to provide most objective and reliable information possible on employee ownership at most affordable price...

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preview essay on B-Corp Business
  • Pages: 4 (1000 words)
  • Document Type: Essay
  • Subject: Management
  • Level: Masters
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