BUSINESS ENVIRONMENT

AEREN FOUNDATION’S                                                                              Maharashtra Govt. Reg. No.: F-11724

 

SUBJECT : BUSINESS ENVIRONMENT

                                                                                          Total Marks : 80

Course  :MBA 3rd Semester                                      

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Case 1

Q1) Imagine that you are in-charge of a major chemical plant, manufacturing points. At present, thegeneral awareness about the mandatory requirements for chemical industry is very low. Even if thecompliance record is maintained, it is not disclosed to all employees.

i) What are the activities that are critical to the company’s environmental managementcertification?

Answer: Companies must adopt various kinds of strategies to meet their goals. The Goals primarily concern profitability and the interest of shareholders. Increase in business growth increases the burden on environment and natural resources. Hence ecological considerations that support the business ought to be integrated into business strategy.

Many countries are offering subsidies for the com

ii) List the activities which have potential environmental impacts in a pint industry.

Answer: The extent of application depends on factors such as the environmental policy of the organization, the nature of its activities, products, services, location and the conditions in which it functions.

Environmental management standard 'ISO 14001: 2004 certification' defines the environmental policy of an organization. The standard helps organizations to protect the environment, check pollution, and improve their

iii) List the legal requirements.

Answer:

·         Quality Manual

iv) Is there a trade related issue involved in this case

Answer: Experience has taught the authors that there are several factors critical to the successful design and implementation of an EMS. If any one of these is lacking, the chances of success diminish significantly:

v) Explain, how your company can prepare itself towards certification.

Answer: The first step addresses how to properly prepare the implementation of ISO 9001 at your small or midsize company. It's not a difficult step but it's important and should not be missed.

·         Get an Understanding of ISO 9001:2008

·         ISO 9001 Management Representative

·         Training

·         Get Buy-In

Case 2

Q2) XYZ company is an equal opportunity employer. XYZ Co has always upheld the spirits of freedom, human welfare, fair practices and fair treatment to all employees. It has the image of a socially responsible company in India. XYZ Co., has never involved itself in any study deals, even if it could bring good profits.

Also, XYZ Co. is a major IT solution provider. XYZ has immense potential for providing consultancy services in the African nations and South East Asian countries. A request was received from an African country, stating that they have an assignment for two years. The following conditions are to be fulfilled.

a) Employees  should not bring families with them during the assignment.

b) Women managers should not accompany the team.

c) The country and the collaborating company are not responsible if any accident or any other untoward incidents take place.

Please answer the following questions :

i) Should XYZ Co take up the assignment?

Answer: No, XYZ Co

ii) How can XYZ Co maintain business viability and growth without compromising on basic rights and values enshrined? In the mission statement of the company?

Answer: The viability of a business is measured by its long-term survival, and its ability to have sustainable  profits over

iii) What alterations may be sought in the agreement and why?

Answer: According to the agreement , Employees  should not bring families with them during the assignment.  But if it’s a long

CASE 3

i) From Bhopal Tragedy, what an industrial manager learns? What safety procedures are to befollowed. Study the case deeply and state what were the defects of MIL unit. In view of this case,prepare a disaster management plan, which could cover be useful to a chemical company. (10 Marks)

Answer: The events in Bhopal revealed that expanding industrialization in developing countries without concurrent evolution in safety regulations could have catastrophic consequences. The disaster demonstrated that seemingly local problems of industrial hazards and toxic contamination are often tied to global market dynamics. UCC's

Q 4)i) List the methods of waste management in the order of preference. (5 Marks)

Landfill: When all the trucks arrive to the landfills, they first get separated into their proper place; disposing of waste in a landfill involves burying the waste, and this remains a common practice in most countries. Landfills were often established in abandoned or unused quarries, mining voids or borrow pits. A properly designed and well-managed landfill can be a hygienic and relatively inexpensive method of disposing of waste materials. Older, poorly designed or poorly managed landfills can create a number of adverse environmental impacts such as wind-blown litter, attraction of vermin, and generation of liquid leachate. Another common product of

ii) What are the advantages of solid waste incernaton? (5 Marks)

Answer: Solid waste incinerators are used to combust organic substances contained in waste. Incineration converts solid waste into ash, flue gas and heat. Incineration is the main alternative to landfills, which hold solid waste in a contained area. Modern solid waste incinerators separate most dangerous gases and particulates from

iii) Define hazardous waste (5 Marks)

Answer: A Hazardous waste is waste that poses substantial or potential threats to public health or the environment. In the United States, the treatment, storage and disposal of hazardous waste is regulated under the Resource Conservation and Recovery Act(RCRA). Hazardous wastes are defined under RCRA in 40 CFR 261 where they are divided into two major categories: characteristic wastes and listed wastes.

Characteristic hazardous wastes are materials that are known or tested to exhibit one or more of the following four hazardous traits:

iv) List the legal provisions in the Environment Protection Act pertaining to hazardous waste

(5 Marks)

Answer: There are several legislation that directly or indirectly deal with hazardous waste. The relevant legislation are the Factories Act, 1948, the Public Liability Insurance Act, 1991, the National Environment Tribunal Act, 1995 and some notifications under the Environmental Protection Act of 1986. A brief description of each of these is given below.

Q 5)i) Discuss the role of CPCB (Central Pollution Control Board) in the pollution control activities in

India. (2 Marks)

The main function of the Central Pollution Control Board (CPCB as spelt out in ‘Water (Prevention and Control of Pollution) Act, 1974’ and Air (Prevention and Control of Pollution) Act, 1981’ are:-

·         To promote cleanliness ofstreams and wells in different areas of the States through  prevention, control and abatement of water pollution;

·         To improve the quality of air and

·          

ii) Mention the salient points of the 3 Acts : (2 Marks)

Air (Prevention and Control of Pollution) Act, 1981: To counter the problems associated with air pollution, ambient air quality standards were established, under the 1981 Act. The Act provides means for the control and abatement of air pollution. The Act seeks to combat air pollution by prohibiting the use of polluting fuels and substances, as well as by regulating appliances that give rise to air pollution. Under the Act establishing or operating of any industrial plant in the pollution control area requires consent from state boards. The boards are also expected to test the air in air pollution control areas, inspect pollution control equipment, and manufacturing

iii) Explain the very elements of EIA (Environmental Impact Assessment) – different types ofImpact Assessments – the benefits of EIA – The EIA process, key points to remember whileconducting an effective EIA. (2 Marks)

Answer: An environmental impact assessment (EIA) is an assessment of the possible positive or negative impact that a proposed project may have on the environment, together consisting of the environmental, social and economic aspects. The purpose of the assessment is to ensure that decision makers consider the ensuing environmental impacts when deciding

iv) Compare and contrast “polluter pays principle” with “beneficiary pays principle”. (2 Marks)

Polluter pays principle

The polluter pays principle (PPP) identifies the parties who caused the pollution and apportions responsibility for paying the costs of dealing with climate change among those parties. Arguably, the PPP is the most intuitive way of thinking about the ethics of climate change. It is based on the widely shared idea that those who cause harm to others should be morally responsible for remedying that harm. As such, the PPP has the ability to provide the appropriate incentive to prevent polluting by directly linking moral responsibility, and the resulting

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Send your semester & Specialization name to our mail id :

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