How do I respond to this in 100 words? Environmental change can impact a firm in a rapid or sudden manner, while firms that are doing well will take the necessary steps to capitalize on new ways to limit the effects that has been impactful resulting in change. “Change can be brought about by factors such as the need to address increased competition, improve quality or service, reduce costs, or align the firm with the practices and expectation of its partners” (Parnel1, 2017, p. 260). The environment that we live is being impacted by how we sustain our lives. Changing strategies within environmental changes can be a complex process and is important to understand how strategic changes may affect consumers and employees while strategic changes that may not be warranted by the benefits. For example, renewable resources are replaceable energy resources which can be used for survival. “Energy is the lifeblood of the global economy” (Blanks, 2004). The sources of energy on our planet consists of renewable and nonrenewable forms of energy. Renewable resources can be replenished rather quickly and is generally used as a source of energy for lighting. Solar energy, wind energy, and biomass energy are all renewable energy that we use on our planet today. Solar energy comes directly from the sun and drives photosynthesis and helps plants to grow. Nonrenewable energy resources can be used rather quickly while being produced. Nonrenewable energy resources are natural gas, coal, and nuclear energy. Natural gas is extracted from fossil fuels from the ground and are highly combustible substances. “Because fossil fuels form only under certain conditions, they occur in isolated deposits” (Withgott & Laposata, 2012). Clean energy resources are non pollutant and does not cause harm to the environment to which we live. In the United States, the rations for oil and gas decreased because of the extracted deposits was easy causing us to work harder to extract the deposits that were left over.
How do I respond to this in 100 words?
Environmental change can impact a firm in a rapid or sudden manner, while firms that are doing well will take the necessary steps to capitalize on new ways to limit the effects that has been impactful resulting in change. “Change can be brought about by factors such as the need to address increased competition, improve quality or service, reduce costs, or align the firm with the practices and expectation of its partners” (Parnel1, 2017, p. 260). The environment that we live is being impacted by how we sustain our lives. Changing strategies within environmental changes can be a complex process and is important to understand how strategic changes may affect consumers and employees while strategic changes that may not be warranted by the benefits. For example, renewable resources are replaceable energy resources which can be used for survival. “Energy is the lifeblood of the global economy” (Blanks, 2004).
The sources of energy on our planet consists of renewable and nonrenewable forms of energy. Renewable resources can be replenished rather quickly and is generally used as a source of energy for lighting. Solar energy, wind energy, and biomass energy are all renewable energy that we use on our planet today. Solar energy comes directly from the sun and drives photosynthesis and helps plants to grow. Nonrenewable energy resources can be used rather quickly while being produced. Nonrenewable energy resources are natural gas, coal, and nuclear energy. Natural gas is extracted from fossil fuels from the ground and are highly combustible substances. “Because fossil fuels form only under certain conditions, they occur in isolated deposits” (Withgott & Laposata, 2012). Clean energy resources are non pollutant and does not cause harm to the environment to which we live. In the United States, the rations for oil and gas decreased because of the extracted deposits was easy causing us to work harder to extract the deposits that were left over.
It is crucial for businesses to respond quickly to environmental changes in the fast-evolving business climate of today. According to Parnel1 (2017), these adjustments are necessary to deal with increased competition, improve product quality, lower operating costs, and conform to changing partner expectations. This debate explores the complex connections between environmental change, company strategic responses, and the crucial role that sustainable energy sources will play in determining our future.
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