SG7001 Managing Strategy & Operations and Partnerships Assignment Sample 2024
| Recommendations | It has been recommended that company must adopt various strategies to enhance their sustainability. The company needs to use renewable sources of energy in its everyday operations so energy consumption can be reduced. Other than that, for packaging purposes, they must reduce the use of plastics and start using paper packaging. In this context, the company must purchase e-vehicles so the delivery at nearby places can be done. It can help in reducing the depletion rate of natural resources (Pumketkao-Lecourt and Peyronnie, 2020). These are some recommendation that can help company in increasing their profit-rate. |
| Justifications | As negative environmental impacts such as carbon emission, energy consumption, natural resource depletion, and many more. A company must bring innovation in its clothing sector so it can enhance its productivity along with the sustainability. Further, it can also help the company in bringing eco-friendly innovation that attracts its potential customers. They can also influence their customer to use eco-friendly products so they can reduce the environmental impacts caused. |
| Potential implications | In the beginning, the customer won’t buy it but they need to encourage them so the sustainability can be increased. After buying products they will also feel that it is good for the environment.
The cost investment will be increased as using sustainable sources after recycling is cost-effective. But the profitability will be increased that is its positive impact. Employees will refuse to adopt changes as they won’t feel comfortable in changing environment. It is the responsibility of leaders to influence them so they bring innovation continuously. Its positive impact includes the efficiency of the employee to bring innovation will help the company in improving customer satisfaction, productivity and profitability as well. |
References
Books and Journals
Pumketkao-Lecourt, P. and Peyronnie, K., 2020. Extending the Notion of Heritage and Lanna’s Identity Affirmation in Chiang Mai: Words and Representations. Moussons: recherches en sciences humaines sur l’Asie du Sud-Est, (36), pp.191-219.
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