Analyse the effectiveness of two companies to practice green technology as comparing with two companies without...

Analyse the effectiveness of two companies to practice green technology as comparing with two companies without green technology. How profitable are the firms they head in relation to others in the industry?

Expert Solution

ANS) The green technology is type of technology which is very environment friendly in the field of manufacturing and supply process.This also helps in the energy production and this is very good for the environment from the older methods that we had used for the energy production like the fossil fuels.

-- The green technology is one kind of new market, but the investors attracted very highly and very easily to this new young market.This is mainly because the investors are not needed to fear about the global warming problems and scarcity of limited natural resources.

-- Some of the examples of this green technology is the recycling of the water and the different kind of waste products and also the production of energy saving products like the LED lights and the non flushing techniques in the toilets.

-- And some other type of green technology involved products are solar panels and hydro electric dams.And many large scale businesses has been started by the entrepreneurs and they are aiming for the big profit from this business.Why they select this business is because this green technology is having the ability to increase the sustainability and provides better environmental condition.

-- Presently many big companies like starbucks and also Whole foods are using the green technology and many other new startups are also practicing the green technology.Some of the other companies are TESLA MOTORS and SOLAR CITY are mainly introducing electrical vehicles and advanced solar panels as a part of green technology.But now also mostly all the companies are not following the green technology but anyway we can say that day by day many companies started to come to the concept of green technology.

THANKS......

Rahul Sunny answered 1 year ago

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