IMPACT OF BUSINESS

IMPACT OF BUSINESS

1. ENVIRONMENT

   • NEGATIVE
     • Massive amounts of electricity used during office hours
       • Computers
       • Lighting
       • Printers
     • Factories
       • Emit Greenhouse gasses
       • Marine Pollution - dumping of waste into the sea
       • Large amounts of solid waste
       • Consistent use of Hazardous Materials (bleach, gasoline, pesticides)
   • POSITIVE
     • Select companies choose to promote "green" behaviour
       • Use of recyclable materials
       • Use of recycled materials
       • Designated bins for compost/recycling
     • Introduced online transactions
       • Less gasses are used (delivery)
       • Minimal paper used

2. SOCIETY

   • POSITIVE
     • Employment opportunities for all demographics
     • Improved standards of living
     • Encourages innovation
     • Introduced Fair Trade
     • Created Cities/Communities
       • Hamilton
       • Silicon Valley
   • NEGATIVE
     • Exploitation of under-aged workers
       • Deprivation of Human Rights
     • Worker Abuse
       • Sexual
       • Physical
       • Emotional
     • Poor Mental Health
       • Overload of Work
       • Stress
       • Financial Anxiety
     • Loss of Culture in countries striving for urbanization to attract foreign companies
     • Corruption
     • Wealth Disparity

3. ECONOMY

   • POSITIVE
     • Growth in GDP
     • Investment oppurtunities
     • Growth of International Trade
       • Imports/Exports
     • Defined by Business
     • Countries decrease in value of currency, can make trade difficult
   • NEGATIVE
     • May cause recession
       • Poverty
       • Large-scale unemployment
     • Opposing country/company can affect your production's costs
     • Countries increase in value of currency, can make trade difficult

4. BY TANYA AND SINTHURA