Question

What impact does Entrepreneurship have on your natural environment? What impact does it have on sustaining local communities? You can code references and data to back up your argument. Support your answer with appropriate examples.

Answer 1

In a society people live within the umbrella of a natural environment, thus a safe and protective environment must be provided. The entrepreneurship should change the manufacturing process and adapt to environmentally sustainable environment for safety and overall health of personnel. Entrepreneurship cannot successfully grow without support to healthy natural environment.

For example: Samsung company gives a high priority on the protection of the environment from the moment it starts planning of it's product until the final disposal of the product. It actively participates in efforts to focus on a circular economy. The company utmost priority is finding new ways of innovation and going beyond the conventional approach of usage of resources once and discarding them, its puts efforts to ensure that resources can be effectively reused by recycling, recovering, and reusing after the lifespan of the company's product. It targets on reducing the consumption amount of natural resources required in the process of production, thus resulting to a reduction in the pollutants and greenhouse gas from the incineration of waste, and causing a prevention to the underground water and soil contamination due to the landfills

When the entrepreneurship put efforts in adapting to safe environment, in the long run it would help them to benefit and succeed on sustaining local communities. A strong commitment to protect natural environmental helps in the continuous innovation to decrease the damage to environment; thus contributes in improving the health and contributes to promotion to the economic growth. It will be very beneficial for the local communities and results to create a good image of the company as a whole.