Maharashtra State BoardHSC Commerce 12th Board Exam
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Write Short Notes on the Following: Advantages of Protecting Business Environment. - Organisation of Commerce and Management

Short Note

Write short note on the following:
Advantages of Protecting Business Environment.

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Solution

Advantages of protecting business environment:
i. Reduced health hazards: Pollutants in the environment cause deadly diseases, including cancer and other respiratory problems. Thus, pollution control measures can help reduce the incidences of such diseases and allow people to enjoy a good and healthy life.
ii. Reduced risk of liability: Enterprises are often held responsible for polluting the environment and are, therefore, asked to compensate for the same. Adoption of pollution control measures can help reduce the risk of such liabilities on part of business enterprises.
iii. Cost savings: Efficient pollution control mechanisms can help enterprises reduce their costs of waste disposal and cleaning up of production plants. This, in turn, can help businesses reduce their overall cost of production.
iv. Improved public image: Education has made people aware about environmental problems, and they have started realising the need of protecting the environment. Thus, business enterprises that adopt pollution control measures enjoy a good reputation in the society

Concept: Role of Environment Protection and Business
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APPEARS IN

Micheal Vaz Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board
Chapter 4 Social Responsibility of Business
Write short note on the following. | Q 6 | Page 123
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