Environmental Management & Business Strategy BUSS 5304
- Subject Code :
BUSS-5304
Learningoutcomes
Assessment3
CasestudyResearch25% Due date: 16/02/2025
- Critically analyze risks and potential benefits from business opportunities having regard to environmental implications, including environmental sustainability, legal liability and financial
- Assess the opportunities and consequences for environmental business and the development of environmentally safe products and
- Synthesize an interdisciplinary perspective for analyzing global business environmental
- Analyse and prepare reports to assist in managerial decision-making and the development of sound business strategies for the operation of an international company operating in areas with significant environmental
Descriptionofassessment
Read carefully the requirements of each section of business case research, given on the page 2. Then,plan,do,checkandsubmitthefollowingtasksasperdeadlinesseebelow:
Task1:Designoriginalbusinesscaseresearchonachosentopic[seethelistoftopicson page.4],thenselecteithertheAustralianORtheUKORtheUSABusinesscase guidelines [see Moodle folder- Guidelines for Writing a Business Case Study research] and informthepapercontroller.
Task2:Startcollectingsecondarydata/informationforcontentidentifiedundereachtopic, towrite-Introduction(1),Problemstatement(3),Objectives(4)andcompleteitby1Feb2025.[Seesourcesofsecondarydataonpage.5]
Task3:Useasystematicapproachtodescribe,analyze,andinterpretsecondary data/information [include multiple sources of evidence, such as reports from international organizations,industryreports,andalsopeerreviewedresearchpublicationssuchas researcharticles,conferencepapers,andbooks.]toprovidealistofBenefitsandImpact(6), RiskAnalysis(7)by7Feb2025.
Task4: Use your original researchto finalize your business case(8) It must be related to potentiallynewbusinessandorganizationalsolutions(1,5,9)by14Feb2025.
SubmitalltaskusingMSWordonMoodlebytheduedate.Thisassessmentischallenging sostartearlysothatyouwillbenotlate!
OutlineoftheBusinessCase
The following provides information about each section of the business case. Each section has a specifictaskandcontentrequirements.
1.ExecutiveSummary
Task: Provide a brief overview of the business case, including the main objectives and recommendations.
Content: Summarize the key points, including the importance of sustainability in global supply chains, the proposed initiatives, and the expected benefits.
2.Introduction
Task:Introducethetopicandsetthecontextforthebusinesscase.
Content: Explain the significance and the growing importance for environmental sustainability. Highlightcurrenttrendsandchallengesintheindustry.
3.ProblemStatement
Task:Clearlydefinetheproblemoropportunitythatthe businesscaseaddresses.
Content: Describe the environmental issues, e.g., carbon emissions, waste, and resource depletion. Explainthepotentialrisksandconsequencesforthebusinessiftheseissuesarenotaddressed.
4.Objectives
Task:Outlinethespecificgoalsandobjectivesoftheproposedinitiatives.
Content: Define clear, measurable objectives, e.g., reducing carbon emissions by a certain percentage,improvingresourceefficiency,orachievingspecificsustainabilitycertifications.
5.ProposedSolution
Task:Presenttheproposedinitiativesandstrategiesforintegratingsustainabilityintothe organizationalpractices.
Content:
- Sustainable Sourcing: Implementing practices to source materials and products from environmentallyresponsible
- Waste Reduction: Strategies to minimize waste throughout the supply chain, including recyclingandreusing
- Energy Efficiency: Initiatives to reduce energy consumption and transition to renewable energy
- Technology and Innovation: Leveraging technology to improve supply chain transparency and
6.BenefitsandImpact
Task:Highlightthepotentialbenefitsandpositiveimpactoftheproposedinitiatives. Content:
- EnvironmentalBenefits:Reductionincarbonfootprint,waste,andresource
- Financial Benefits: Cost savings from improved efficiency, potential for increased revenue fromsustainableproducts,andaccesstonew
- Reputational Benefits: Enhanced brand image and customer loyalty, compliance with regulations, andimprovedstakeholder relations.
7.RiskAnalysis
Task: Identify potential risks andchallenges associatedwith the proposedinitiatives. Content:
- ImplementationRisks:Challengesinchangingexistingprocessesand
- FinancialRisks:Initialinvestmentcostsandpotentialfinancial
- OperationalRisks:Disruptionstothesupplychainduringthetransition
8.Conclusion
Task: Summarize the key points andreinforce the importance of the proposedinitiatives. Content: Reiterate the benefitsof integrating sustainabilityinto the businesspracticesandthe positiveimpactonthebusinessandtheenvironment.
9.Appendices
Task:Provideadditionalsupportinginformationanddata.
Content: Include relevant charts, graphs,numerical data, financials and references tosupport the businesscase.
There is no wordlimitforthisassessment.
ListofTopics
Topic1:TheRiseofElectricVehicles(EVs)andTheirEnvironmentalImpact
Focus: Analyze the opportunities and challenges faced by companies in the EV industry, including the development of environmentally safe batteries and the impact on traditional automotive markets.
Key Areas: Environmental benefits, supply chain sustainability, legal regulations, and financial implications.
Topic2:GlobalSupplyChainsandEnvironmentalSustainability
Focus: Investigate how multinational corporations manage their global supply chains to minimize environmentalimpact.Thisincludesexaminingpracticessuchassustainablesourcing,waste reduction,andcarbonfootprintmanagement.
Key Areas: Interdisciplinary perspectives from business, environmental science, and international law.
Topic3:CorporateStrategiesforManagingEnvironmentalRisksintheOilandGasIndustry
Focus: Explore how international oil and gas companies develop and implement strategies to manageenvironmentalrisks,includingoilspills,emissions,andhabitatdestruction.
Key Areas: Risk assessment, regulatory compliance, stakeholder engagement, and financial performance.
Topic4:SustainableTourismandItsImpactonLocalCommunities
Focus: Examine the balance between promoting tourism and preserving natural environments. Assesstheeconomicbenefitsandenvironmentalconsequencesforlocalcommunities.
Key Areas: Environmental sustainability, economic development, cultural preservation, and policy implications.
Topic5:CircularEconomyPracticesintheFashionIndustry
Focus: Analyze how fashion brands are adopting circular economy principles to reduce waste and promote sustainability. Investigate the impact on production processes, consumer behavior, and financialreturns.
KeyAreas:Sustainabledesign,recycling,consumerengagement,andfinancialimplications.
Topic6:RenewableEnergyProjectsinDevelopingCountries
Focus: Study the implementationof renewable energy projects (e.g., solar,wind) indeveloping countries. Assess the environmental benefits, economic opportunities, and challenges faced.
Key Areas: Environmental impact, economic development, technological innovation, and policy frameworks.
SourcesofSecondaryData
- TheMIT Sustainable Supply Chain Lab -https://sustainable.mit.edu/sscs-report/
- StandardCPoorsreports
- IEA-https://iea.org/data-and-statistics/data-explorers
- IRENA-https://irena.org/Data
- OurWorld - https://ourworldindata.org/renewable-energy