A number of reasons have been put forward for the perceived failure of small firms to become environmentally aware:CostLack of expertiseIgnorance of legislationScale advantages. a) explain each reason that led to failure of small firms to become environmentally aware.b) What may these factors have led to?What is necessary to do in order to create greater interest within the small-firm sector and improve its environmental practices?

Cost The cost for small firms us not high and even profit margin is small.Therefore,when it comes to…

Answered: A number of reasons have been put…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A number of reasons have been put forward for the perceived failure of small firms to become environmentally aware:

Cost
Lack of expertise
Ignorance of legislation
Scale advantages.
a) explain each reason that led to failure of small firms to become environmentally aware.
b) What may these factors have led to?What is necessary to do in order to create greater interest within the small-firm sector and improve its environmental practices?

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