Meeting challenges for sustainable business Essay

Meeting challenges for sustainable duty - Essay ExampleThe success of any vocation requires a vast wealth of resources such as labor, peachy and land. The environment on which the business is founded critically dictates on the course the business is likely to take when it comes to success The political atmosphere in any plain has a direct influence on the sustainability and flourishment of any business. A politically conducive environment is likely to attract investors from other countries and continents thus bringing a fresh perspective in the face of the countrys reading. These investors play a very important role in adding something to the current resource mob of the country they are investing in. Before starting a business venture, one should critically study and scrutinize the economic status of the country. Some countries capability be experiencing resource constraints and also harsh environmental conditions. Consequently, innovative solutions to these shortcomings shoul d be put in place in order to deal with these challenges for the business to thrive. sustainable strategies There are several sustainable strategies that have adopted in order to improve the economic development in Nigeria and further enhance the development in 2053 and also future generations. There should be new legislations in 2053 put in place to boost the economic sustainability of the oil industry in Nigeria (Hawken, Amory, Lovins and Hunter 2010). The business targets to obtain oil booms from other nations which give impetus to the business in its efforts to become sustainable in 2053. Technological advancement in reducing the emission of gases should be put in place in order to create an eco-friendly ecosystem. Sustainable development shows a link of environmental guard with economic development. The business aims to use its innovative technology in 2053 to produce less polluting fuel alternatives thus avoiding stiff competition from other businesses therefore salvaging the grocery for future prospects. Production of eco-friendly oil products gives a competitive advantage thus contributing to the sustainability of the business (Roome 1998). The business plans to embark on the use of computers to immediately watch over leakages of oil pipes in 2053. This avoids losses through leakages while protecting the environment. Development in infrastructure is among the businesss strategies in 2053 to ensure adequate tar of the products (Bouyssou, Dubois, Rade and Pirlot 2010). Protection and preservation of oil reserves is encouraged for the sustainability of the business in 2053.The oil reserves in Nigeria can meet the fuel demands for Nigeria and her export market. This assures that the business venture can be feasible. Impacts of environmental limitation Oil spillage can pose serious effects to the environment and therefore hamper the business from becoming sustainable in 2053. This spillage has an effect on the ecosystem. For instance, the Nigerian mangr ove trees have been destroyed by oil spillage (Carlin 1994). Aquatic spiritedness is at greater risk due to oil spillage causing death of fish in the lead to a reduction in their population. This affects the food mountain range for future generations in 2053 and loss of biodiversity. The human life is endangered when man consumes water that has been contaminated with oil. This causes death thus reducing human labor which promptly impacts business sustainability in 2053. Natural gases flared during oil extraction in Nigeria release a lot of methane gas which causes climate change. Carbon dioxide produced causes global warming leading to adverse climatic patterns. Any business that