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Business and the economy

Canada.12. Most of Britains larger ports refused to handle PCB material.Economics of Importation of Chemical Waste Rechem have been fortunate in the market of disposal of chemical waste due to booming demand for this service where capacity could not be increased quickly due to planning permission restrictions at home and abroad. By year end March 1988, Rechem made a profit of 4.5M out of a turnover of 13.4M, which equals a 33.5% profit, the first years profit on a turnover of 19.5M was 45% at 8.8M. We can conclude that there are huge profits to be made in this area.Rechem have completed a floatation on the stock market selling 2.6m shares therefore increasing their exposure to external pressure groups. Another factor to consider is Balancing internal and external expectations. Internally, a business usually needs to make a profit for shareholders, managers and other stakeholders. Externally, the business has to contend with selling products in the face of competition and the regulatory influences exerted by governments. It also has to take into consideration the interests of external stakeholders and the pressures from a variety of other independent factors. Failing to take heed of organised pressure groups such as Friends of the Earth, the National Anti-Vivisection Society and Greenpeace may lead to the worst possible outcome - a consumer boycott, perhaps on a international scale.Banks and Investment Bodies like Pension Funds and individuals (public) are now paying more attention to their exposure to environmental risk and investors are starting to show concern about risks posed by companies with poor environmental records.Task - 2Not all pressure group activity is as highly publicised as that of greenpeace. What other forms does it take and what is its purpose.ANALYSISA pressure group is really an agent of activity representing an interest group. Interest groups would, in the main, like to influence the Government, rather ...

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