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Sustainable Business Development

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The entire study will be based on a thorough analysis conducted on environmental impact caused by fuel production. Cude oil production has disastrous impact on environment and can be mitigated only with the support of advanced technology. Tis study encompasses theoretical frameworks on sustainable development, evironmental impact analysis and wide array of mitigation procedures. Acording to the author Hopwood, Mllor and OBrien sustainable development means the process of gaining sustainability by using different types of resources. Te concept of sustainable development involves in human and economic development in developed I this process different principles are established and implemented for sustaining various finite resources.

I will help to satisfy different needs of future generations. Tis development process forms a balance between stability, bauty and integrity of natural system. Acording to the authors, cncept of sustainable development became a global issue in 92 “Earth Summit”. Fom that time this development process became an important topic in the modern society. Nw a day different goals and factors are related to sustainable development process. Te major goal of this development process is provide an alternative way for humanity which prevents people and businesses from doing mistakes.

Tree important pillars of this development process are society, eonomy and environment. Tere are many other factors which influence the process of this development. Tere are different approaches to achieve sustainable development. Tis development plays a vital role in business. Te authors’ state that corporate sustainably is a major issue for businesses in the modern world. I this process the firm uses it’s capital and different other resources efficiently to gain various advantages. Fr gaining of sustainable development the businesses have to implement strategies for developing and protecting environment.

I helps the organizations to develop its competitive advantage strategies by satisfying human needs and reducing negative impacts on environment. Acording to the authors sustainable business is also known as green business. Tis type of business aims to improve local environment, sciety, cmmunity or economy. Sstainable business produces products and services which are environment friendly. Is business operations are designed...

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preview essay on Sustainable Business Development
  • Pages: 13 (3250 words)
  • Document Type: Essay
  • Subject: Business
  • Level: Undergraduate
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