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Sustainability In global business (a construction company and the industry, in India and USA) - Essay Example

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SUSTAINABILITY IN GLOBAL BUSINESS Student P number: Module: Module code: Submission deadline: In the current speedy moving business world and global economy, every organization does its best to ensure that it remains as sustainable as possible…
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Sustainability In global business (a construction company and the industry, in India and USA)
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"Sustainability In global business (a construction company and the industry, in India and USA)"

Download file to see previous pages Via an account of the national need for development in countries such as the United States and India, a significant set of sustainability issues in the construction industry form the basis of this study. A globally sustainable construction business entails one operating in an environment that that greatly empowers it to becoming more productive. This is where a construction company business employs a process where it manages its financial, social and environmental risks, compulsions and opportunities. In other words, these three requirements for a sustainable business are known as profits, people and the planet at large. In essence, for a business to be sustainable, it has to find a way on balancing out the challenges imposed to it by government rule and regulations and global business advancements. In addition, more considerations have to be done on the expected profits thus making it necessary that an analysis of the strengths and weaknesses is well conducted. This plays in a significant role in promoting a construction industry business to becoming highly sustainable. It is necessary to note that globally, every company tries to be more sustainable so that to aid it in outperforming its competitors. In both the United States of America and India, several impacts exist on the sustainability of a construction industry business in the respective regions. Construction companies in both countries do all their best to ensure that they become highly sustainable. As one of the most resource and economically gifted countries, the United States Construction industry has always been at the forehead of many investors in and outside the country. Several construction companies exist in the country. Sustainability has always been the goal of all construction companies in the country to aid them build their reputation outdo respective competitors both within the country and globally. Sustainable Construction Company in the country has several impacts. Being a globally trading country, a sustainable construction business in United States plays a significant role in provision of access to new markets both within and outside the country. It gives an improvised sensitivity to the workers of the company thus providing room and ability to attract current and new markets. In addition, sustainability in the country aids a construction in retaining its talents. This is important in that, one’s more sustainable competitors can attract very important talents. Thus, in the United States, sustainability in the industry is essential in retaining a companies set of innovative and productive employees. Generally, in the construction company’s sustainability character in the United States is crucial in promoting the company’s reputation thus providing an edge in competitive advantage. The United States construction industry is a fundamental in the development of the country both environmentally and economically. Based on this fact, a number of government laws and regulations are in place and influence a lot in the sustainable decision-making by respective shareholders in the industry. The violation of United States’ environmental and Clean Water Act brings in considerable influential factors to the country’s industry stakeholder decision making. Polluting the environment and storm water run off from construction industries leads to great penalties starting from $4 million. The ...Download file to see next pagesRead More
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