MGT 112 UCSD Business Strategies to Deal with Climate Change Report 1.Include a title page with the topic and names of group members.2.Include a table of c

MGT 112 UCSD Business Strategies to Deal with Climate Change Report 1.Include a title page with the topic and names of group members.2.Include a table of contents.3.Begin with an Executive Summary. This should be done in under one page. It should be visually distinct from the rest of the report, with for instance a differently colored background or a border. The purpose of this Executive Summary is to (hence the title) summarize the key points of the report. Consider that such a hypothetical executive may only read this section: they should understand generally what they ought to do and why. (Grading Rubric: Executive Summary – Clear, concise, comprehensiveThe executive summary should express all of the most important details of the paper. A hypothetical executive should be able to read this, know what they should do and why. Length should be under 1 page or 500 words)4.Rather than a distinct conclusion section (as the Executive Summary mostly fulfills this role for this report), end with a short list (usually around 4) things an interested listener can do to learn more about the topic you have just presented. For instance, a link to further reading with an explanation of what is contained there and why it’s important.(Grading Rubric: for further reading should be included as a separate section at the end, with a short (1-3 sentence) explanation of what would be found in each additional reading. MGT 112 Report 1 Guidelines
1. Report Overview:
In Report 1, you will choose a major global issue and discuss this issue from the perspective of a global
business manager. Your report should provide a background of the significance and scope of this issue
that clearly demonstrates its relevance both to society at large and to business concerns. You will then
provide a set of well-supported actions that a company could take to address this issue, emphasizing how
these actions are of strategic importance for the firm.
That is, you must strive to address the three main aspects of your assigned topic:
1. What is it? (i.e.) describe the nature of the phenomenon your team investigated.
2. Why does it matter? How big is it, what is its scope, impact and immediacy. i.e. what makes it a
big deal, both to society and your audience?
3. What can a global business (manager) do about it? In other words, what strategies and tactics
can a firm can adopt to help address/solve/mitigate the impact of the phenomenon?
By design, none of these topics is simple or easy to condense into a 15-18 page report. Therefore as a
team you will have to analyze and then synthesize potentially very complicated issues and summarize
them to an interested audience. In so doing you will have to make so careful editing choices and avoid the
tendency to include less important information.
When writing your report, you may choose your hypothetical audience to either be a specific major
multinational firm (e.g. Microsoft), a generic major firm in a specific industry (e.g. a large oil producer),
or a large number of firms in various industries. Deciding which of these audiences to write for will make
more or less sense based on your topic and how you choose to approach it. For instance, when
considering Female Empowerment, there are strategies to improve female representation in executive
leadership that are appropriate for almost all firms, such as mandating female board members. It may be
more appropriate when considering neglected diseases to specifically address what a pharmaceutical
company should do, or what a multinational who operates in an area with neglected diseases should do,
and you can tailor your report in such a case.
3. Report Content
1. Include a title page with the topic and names of group members.
2. Include a table of contents.
3. Begin with an Executive Summary. This should be done in under one page. It should be visually
distinct from the rest of the report, with for instance a differently colored background or a border.
The purpose of this Executive Summary is to (hence the title) summarize the key points of the
report. Consider that such a hypothetical executive may only read this section: they should
understand generally what they ought to do and why.
4. In the body of the report, start with an overview of your topic, highlighting key facts which
demonstrate that the issue is important and worth addressing. You will have to exercise your
judgment in deciding which aspects of the issue to cover, for example, “our definition of
neglected disease is…therefore we chose to focus on…… and not on…..for the rest of the
report.”
5. In organizing the body of the report, make sure that the proposed business strategies are at least
50% of the report. You should provide concrete actionable strategies that a firm can adopt, with
reasoning to support their efficacy. Some strategies you come up with or discover will have
already been implemented, and this is completely alright—exchange of best-practices is very
useful. On the other hand, do not be afraid to argue for strategies that have not been tried.
4. Rather than a distinct conclusion section (as the Executive Summary mostly fulfills this role for
this report), end with a short list (usually around 4) things an interested listener can do to learn
more about the topic you have just presented. For instance, a link to further reading with an
explanation of what is contained there and why it’s important.
4. Report format
Submit your report as a PDF. Name your report as: MGT 112 Team [#] [Topic].pdf
The report should be 14-18 pages long with Calibri size 11 font.
Your report should be aesthetically appealing. The value of a report is proportionate to the
number of people that read it—learning how to make visually appealing reports is an important skill. This
means going the extra mile, for instance thoughtfully incorporating your images/graphics, using text
boxes with key points, or generally using typography to enhance your report
You can accomplish all of this with a standard word processing program, like Microsoft Word or
Google Docs. If you use one of these programs, I encourage you to really take some time to explore
various functions and templates to make this an attractive document.
You may also use other programs which are specifically designed to make attractive reports. This
may be a useful skill that you can put on your resume. If you are interested in pursuing an academic
career, I recommend trying LaTeX, which is the standard typesetting software in math-heavy academic
disciplines. There is a learning curve for LaTeX that may require some time to get used to however, so a
more user-friendly program is appropriate if you don’t see a future need for it.
Make liberal use of distinct subsections in your report. For instance, separate each one of your
proposals into its own subsection with a header. The idea is that it should be very easy to find information
in your report.
2. Report Topics:
Group #
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
AI and Technological Unemployment
Climate Change
Female Empowerment
Global Pandemics
Human Trafficking
Nativism or Ethnic Intolerance
Neglected Diseases
Income Inequality
Religious fundamentalism
Water Rights
5. Grading Rubric
Topic: ___________________________
Points (out of 10)
1.
2.
5.
6.
Executive Summary – Clear, concise, comprehensive
The executive summary should express all of the most
important details of the paper. A hypothetical executive
X2
should be able to read this, know what they should do and
why. Length should be under 1 page or 500 words.
Introduction
Motivate your report by defining the topic and clearly
demonstrating why this issue is relevant to the world and
to (a) global business.
Business strategy – comprehensive, creative
Provide business strategies which are clearly relevant and
efficacious toward the chosen topic. Go into detail with the X4
proposals, for instance estimating the size of a program or
a detailed plan of implementation.
Writing – clear, logical, succinct
Appearance – Layout, exhibits, formatting etc.
Make this report look as attractive as possible.
7.
8.
Consider using programs besides Word which can help
with typesetting, graphics, or formatting. Learning a skill
like LaTeX is something you can put on your CV!
Bibliography – Suggestions for further reading; sources
Large claims must be backed by cited sources. Sources can
be cited in text either parenthetically (e.g. Henderson, 2020)
or using superscripted numbers (e.g. 1,2). If you have
questions about citation please contact me at any point. DO
NOT copy and paste or simply modify work that is not your
own.
Suggestions for further reading should be included as a
separate section at the end, with a short (1-3 sentence)
explanation of what would be found in each additional
reading.
Total
Max 100
Introduction
For many decades, climate change has been a debated topic. Although there are efforts that
indicate a positive impact on reducing carbon emissions or the leading greenhouse gases, there is a
long way to address this problem. Since its inception, nations are facing the challenge to reconcile
diverse and conflicting interests to converge to a common ground where the issue can be addressed.
Countries are on different viewpoints on what they are doing right or wrong because a particular
view may disadvantage them in one way or another. Throughout the world, many groups have
allocated significant resources and time to lobby political leaders to control greenhouse gas
emissions without success (DiMento and Doughman 7). The continued failures are mainly from the
hard decisions that come with losing part of what has been for a long time a benefit for some
parties. Besides, the play between politics and power has further complicated the consensus
process. All these activities affect global business operations, and it is no longer business as usual.
On the one hand, insurance companies have to worry about increasing claims over stronger
tornadoes and hurricanes in recent times. On the other hand, both producers and consumers of
fossil fuels have to worry about the high costs for programs to reduce greenhouse gas emissions and
the responsibilities tagged to them.
Overall, the list of worries that are tagged to climate change is endless because people’s
lifestyles and continuous human-made activities in the modern world negatively impact the
ecosystem. Deforestation, farming operations, and burning fossil fuels are but a few social events
that affects climate change in both developing and developed countries. Whether knowingly or
unknowingly, our everyday activities affect the world’s climate in many ways. A look at the
challenges of the twenty-first century, climate change proves the biggest and unprecedented global
challenge. Scholars and scientists concur that it is vital to address this issue because it is happening
right now. It is alarming is how the temperatures are rising; rainfall patterns have changed, the
frequency of wildfires is increasing, glaciers and snow continue to melt, and the world sea level is
rising, which increases the risk of floods.
1. What is it?
Different scholars have defined climate change differently but allude to the same meaning.
According to Maslin (8), it refers to any significant change in climate measures over a while. His view
includes substantial changes in precipitation, temperature, and wind patterns that continue over a
long period. On the other hand, Bowen (20) defines it as the gradual change in the standard weather
conditions of a region over a decade or so. Also, Professor Arnell defines climate change as a change
in weather and climate statistical properties at a place in terms of average, variability, or both (Arnell
15). Thus, the phrase ‘climate change’ represents changes to the climate over time.
Following this line of argument, climate change takes time before its effects are felt. Most
scholars agree that the current climate change effects emanate from climate changes that occurred
a long time ago (Bowen 30; Arnell 14; Maslin 11). Most of the activities that set climate change in
motion are linked to industrialization. Bowen (22) asserts that since the industrial revolution started
around the eighteenth and nineteenth centuries, manufacturing occurred in the cities, and a drastic
increase in the burning of fuels was noted. Since this time, as Arnell (5) notes, carbon dioxide in the
atmosphere has increased as well, but it was misinterpreted as usual because it is a naturally
occurring component of the atmosphere. At that time, they believed that human activities could not
cause any measurable change in atmospheric carbon dioxide. However, scientists argued that the
burning of wood and fossil fuels interfered with the standard carbon cycle by increasing atmospheric
carbon dioxide levels. Modern scientists are convinced that carbon dioxide is a greenhouse gas that
reflects the sun’s rays to the earth’s surface, thus trapping the heat. Consequently, the earth’s
temperature increases and effects are naturally occurring events like rainfall patterns. In turn, it
affects food production and reproduction of species that rely on weather signals.
Climate change is best known by first looking at gases emitted into the atmosphere.
DiMento and Doughman (12) observe that climate change is understood through the release of toxic
gases to the atmosphere and destruction of the natural ecosystem as people create land farming
activities. They note that for many years focus has been on the direct and visible environmental
implications of climate change with a little emphasis on the indirect social, economic and political
impact that leaves far fetching effects on nations and their people. Arnell (7) supports DiMento and
Doughman (36) that the indirect consequences of climate change affect the more impoverished
countries than wealthy nations. They also concur that if nothing significant comes out of the current
efforts to address the issue, human suffering will increase in the future as more climatic changes
take place. Further, they note that as time goes by, it will be difficult and costly to deal with it.
Throughout the years, climate change has been debated among global issues, global
poverty, environmental degradation, population growth, and global security. It questions the
essence of modernity and ethics (Bowen, 83). It sets the politicians arguing, sets nations against each
other, and questions lifestyle choices and the relationship between humanity and the planet in
general. According to the intergovernmental panel on climate change, the global mean surface
temperature is bound to rise to 5.4 degrees Celsius by the end of the twenty-first century if
greenhouse gas emissions are not controlled. Global sea levels could rise to 98cm at the same time.
It will also increase misery for many people worldwide (Maslin 10). Thus, climate change could be
known by the adverse changes it causes to the atmosphere primarily via a rise in sea levels.
From a general stance, climate change is associated with a difference in the earth’s climate
patterns that are related to increasing carbon dioxide in the atmosphere. Most scholars attribute
this increase to the consumption of fossil fuels. The change mentioned above is significant if
extended over time ranging from a few decades to millions of years for both the short and long
term. Maslin (12) and Bowen (138) observe that over the years, altitude, latitude, ocean currents,
proximity to large water bodies, topography, and seasonal winds affect temperature. They also note
that human beings are affecting climate and temperature through human-made deforestation,
farming activities, and burning fossil fuels. The current lifestyle choices are also a leading cause of
climate change, and that is why many nations are coming up with laws and policies to protect the
environment. These activities increase greenhouse gas emissions to the atmosphere, thus increasing
the greenhouse effect and, consequently, global warming. Given the above, the world has to join
efforts and forge a way forward to ensure a secure environment for our future generation.
Thus, the definition of climate changes all centers around two things; emission of
greenhouse gases and pollution of the environment. When talking about carbon dioxide, scholars
cite the increased discharge as a source of worry. Similarly, when talking about greenhouse gases,
scholars mention the increased emission of industrious gases. Hence, climate change is the effect of
interference that arises when there is an imbalance within the atmospheric conditions caused by
increased carbon dioxide emission of greenhouse gases—the resultant changes in meteorological
phenomena such as the rise in sea level influence people’s lives. Thus, climate change hurts nature
and people.
2.
Why does it matter?
Climatic change has been a global issue that has created a lot of controversies. Over the last
two hundred years, the world’s climate has become more unpredictable with increased natural
calamities. While the majority of people agree that climatic changes have been detrimental to
society, some of the people have been denying the impact created by the climate. People denying
the change have argued that climatic change is a natural phenomenon and it has been experienced
over human history and as such there should be no cause for alarm. However, some factors have
proven the importance of human intervention as far as climatic changes are concerned. Some of the
factors include the extinction of some flora and fauna, the occurrence of harsh climatic conditions,
and the endangerment of human lives. It has been generally accepted that businesses have had a big
role to play in creating the current climatic changes and therefore they should implement strategies
that seek to reduce the adverse climatic changes. Some of the ways through which this is possible
are by minimizing the energy used and using sustainable resources in the production process (Lilkov
2018). In this report, we will explain more about the factors that prove it is an issue and then suggest
some business strategies that can improve the situation.
Key Factors Involving the Climatic Change
One of the reasons proving the importance of being concerned about climatic change especially for
businesses is the increased risk caused by extreme weather as shown in the image below.
Figure 1: Source: https://www.nbcnews.com/news/us-news/global-warming-can-make-extremeweather-worse-now-scientists-can-n901751
Research has proven that climatic changes have been the cause of extreme weather such as
heatwaves, storms, and floods. These events have been on the increase as climatic changes are
continually experienced. This depicts that in the future it is likely that these events will cause more
disruptions to businesses and even cause physical damage that will lead to losses for the businesses
(Henderson et al., 2018). When this happens the insurance costs of the business might increase and
some businesses, especially those without insurance, might be destroyed completely hence affecting
the cash flow of the owners.
Another factor that businesses should consider as far as climatic changes are concerned is
the changes in the cost of resources and their availability. The extreme weather being experienced
will adversely affect supply chains, especially where the raw materials for business are natural. For
instance, through flooding, drought, and unpredictable weather patterns, there can be a shortage of
crops that are used to make processed food and other natural resources that are used to make
products such as clothes. These will affect the productivity of the company in the long run. The
changes in climatic changes will also lead to harsher working conditions for the employees. For
instance, a company that needs its employees to work outdoors will have a hard time when the
harsh weather conditions catch up with the employees (Henderson et al., 2018). Moreover, the
increased climatic changes might take a toll on the employees’ health and this will increase the
insurance costs of the company.
Companies have also suffered a change in demand for their products. For instance,
companies that manufactured items that cautioned against extreme weather such as winter might
go out of business as winters are becoming smaller and more unpredictable. Due to changed
regulations, companies can also go out of business as governments are putting up more regulations
to combat the negative climatic changes being experienced (Shrestha, 2014). Moreover, businesses
that are considered to be detrimental to the environment and climate, in general, are having a lot of
pressure from the public to either close down or increase sustainability in their businesses. It is
therefore crucial for businesses to devise strategies that will contribute to the management of
climatic changes.
Proposed Business Strategies to Deal with The Issues
One strategy that businesses can incorporate to contribute positively to combating negative
climate change in determining their greenhouse gas emissions. Notably, the current changes in
climate are attributed to global warming which is caused by industries across the world. Industries
whose output is greenhouse gases are considered to be dangerous to the curren…
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