Business in focus Essay Example | Topics and Well Written Essays - 3000 words

Business in focus - Essay ExampleHowever, this key environmental drift is causing many regional and supranational companies to rethink their existing business strategies in order to foregather consumer demand for eco-friendly products through marketing and in areas of facilities management. This report identifies differing viewpoints on environmental consciousness along with an sagaciousness of how this both positively and negatively impacts retail business operating rooms and finance.Piell (2009) offers that certain regulatory entities, in international retail selling environments, are adding considerable hug to companies to comply with energy usage reductions, which is especially broad in the consumer sales environment. The United States Environmental Protection Agency created its Energy Star labeling system which was a regulatory effort for appliance manufacturers to clearly list the energy-efficiency rating of their products, such as dishwashers, refrigerators and microwa ves (Piell). Additionally, Verizon, one of the largest international mobile communications technology companies, proudly promotes the Energy Star labeling system in over 30 of its international retail stores that are at least 5,000 square feet in order to comply with these regulations and excessively show interested consumers that the business takes energy consumption at its stores quite seriously (Piell). This regulatory pressure forces many appliance retailers (and other energy-consuming product manufacturers) to change the internal energy mechanisms of their products in an effort to trim back a products carbon footprint, the volume of carbon dioxide (CO2) emitted by the devices. From a manufacturing perspective, this key apparent movement in regulatory activities related to the environment can be a costly business operation as it often involves devoting more financial resources to research and development in order to meet bleak standards of energy consumption.Energy