IMPACT OF BUSINESS

Sinthura Chandra
Mind Map by Sinthura Chandra, updated more than 1 year ago
Sinthura Chandra
Created by Sinthura Chandra over 4 years ago
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IMPACT OF BUSINESS
1 ENVIRONMENT
1.1 NEGATIVE
1.1.1 Massive amounts of electricity used during office hours
1.1.1.1 Computers
1.1.1.2 Lighting
1.1.1.3 Printers
1.1.2 Factories
1.1.2.1 Emit Greenhouse gasses
1.1.2.2 Marine Pollution - dumping of waste into the sea
1.1.2.3 Large amounts of solid waste
1.1.2.4 Consistent use of Hazardous Materials (bleach, gasoline, pesticides)
1.2 POSITIVE
1.2.1 Select companies choose to promote "green" behaviour
1.2.1.1 Use of recyclable materials
1.2.1.2 Use of recycled materials
1.2.1.3 Designated bins for compost/recycling
1.2.2 Introduced online transactions
1.2.2.1 Less gasses are used (delivery)
1.2.2.2 Minimal paper used
2 SOCIETY
2.1 POSITIVE
2.1.1 Employment opportunities for all demographics
2.1.2 Improved standards of living
2.1.3 Encourages innovation
2.1.4 Introduced Fair Trade
2.1.5 Created Cities/Communities
2.1.5.1 Hamilton
2.1.5.2 Silicon Valley
2.2 NEGATIVE
2.2.1 Exploitation of under-aged workers
2.2.1.1 Deprivation of Human Rights
2.2.2 Worker Abuse
2.2.2.1 Sexual
2.2.2.2 Physical
2.2.2.3 Emotional
2.2.3 Poor Mental Health
2.2.3.1 Overload of Work
2.2.3.2 Stress
2.2.3.3 Financial Anxiety
2.2.4 Loss of Culture in countries striving for urbanization to attract foreign companies
2.2.5 Corruption
2.2.6 Wealth Disparity
3 ECONOMY
3.1 POSITIVE
3.1.1 Growth in GDP
3.1.2 Investment oppurtunities
3.1.3 Growth of International Trade
3.1.3.1 Imports/Exports
3.1.4 Defined by Business
3.1.5 Countries decrease in value of currency, can make trade difficult
3.2 NEGATIVE
3.2.1 May cause recession
3.2.1.1 Poverty
3.2.1.2 Large-scale unemployment
3.2.2 Opposing country/company can affect your production's costs
3.2.3 Countries increase in value of currency, can make trade difficult
4 BY TANYA AND SINTHURA
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