Tuesday, June 11, 2019
Finance Essay Example | Topics and Well Written Essays - 500 words - 12
Finance - Essay Examplewhich often threaten businesses profitability out-of-pocket to unexpected cost, and if some businesses fail to honour with these regulations they faces penalties, and other stick regulatory problems and in short there is threat to their long term sustainability, so organization need to be serious speckle dealing with such regulatory issues, which argon not often taken serious by most companies and at last faces huge financial liabilitiesCompanies operating(a) in Europe has entered into a innovative era of environmental risk management with regard to prevention and remedy of environmental damage as per a recent survey by Harvard Business Review Analytic services 60% of the companies are now come to about the environmental risk and are serious about it, therefor lglo Group should conduct a complete study that this new investment should not bring such threats for which company may bear regulatory obligations that effect its profitability and bring long term sustainability of company into question, (sustainable, 2015)As for as long term business strategies are concerned lglo group need to be proactive regarding its strategic plans of either new inst entirelyation or introduction of new ways power resources, that either all these activities have any environmental effect and if they have then are there any breach of regulation with regard to environmental regulation, because if such new changes affect these environmental regulations then it may harm companies long term sustainability.First of all in future it will reduce cost of labor of lglo and other products also due low cost of power resource, hence it will affect production department costing, marginal cost of production reduces due to this low cost of production, so selling price would also be affected means marketing department would be affected, further external bet holders would also be affected like environmental agencies
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