Essay BUGEN 5930 – Business, Society and the Planet – Management Assignment Help

Assignment Task:

Task:

Task Description:

Part A – Resource Summary – 35 marks

This course has provided many resources to support your learning. This task requires you to summarise ONE of these resources from the list below: Week Author Date Resource Title 1 Green, Michael 2015 How we can make the world a better place by 2030 4 Innov8social n.d. Who Said Corporations Have to Maximize Shareholder Wealth? 4 Tepper, Taylor 2020 Milton Friedman On The Social Responsibility of Business, 50 Years Later 6 Flynn, Daniel 2013 Daniel Flynn at TEDxBrisbane 6 Muff, Katrin 2017 Translating the SDGs into a tool for business 7 CCRSPI n.d. Climate change update: On-farm bioenergy in the pork industry Your summary needs to:

• Focus on ONE of the resources from the list above;

• Introduce the author/speaker, their topics/themes and the context of the paper/presentation

• Identify the key argument or perspective being presented;

• State the key findings/points of the paper/presentation (may use dot points for emphasis);

• Briefly discuss the relevance or contribution of this paper/presentation to business management;

• accurately reflect what is in the report/article/website/presentation

Part B – Short Answer Questions – 30 marks You are required to provide written responses to 3 (three) of the 4 (four) questions below. Each question is worth 10 marks. Your response to each question should be ¾ – 1 page in length (375 – 500 words). In preparing your responses to these questions, you may need to access additional materials (articles, videos, reports, quizzes, websites) that are available from the course Moodle page and/or the links in the questions.

Question 1 – 10 marks Dunphy, Griffiths and Benn (2007) developed a 6 Phase Model to describe the stages a business will progress through in its transformation to becoming a sustainable organisation. One of the phases identified by the authors is the Strategic Proactivity phase.

a. Describe the sustainability objectives and indicators typical of businesses in the Strategic Proactivity phase.

b. Describe the possible strategic opportunities that could be of interest to a manufacturer of water pumps (used for agricultural and other industrial functions), that wished to proactively position itself as an innovative company developing sustainable products.

Question 2 – 10 marks In 1999, Lovins, Lovins & Hawken introduced the concept of ‘Natural Capitalism’, suggesting business needed to make four major shifts to move to better satisfy their customers’ needs, increase profits and help solve environmental problems. One of the principles identified was the need to Reinvest in Natural Capital.

a. Describe this principle and how can its application contribute to a more sustainable way of business operation?

b. Describe in detail two examples of actions businesses can take to Reinvest in Natural Capital.

Question 3 – 10 marks One of the ‘fronts’ on Interface Carpet’s mission to climb Mt Sustainability was ‘sensitising stakeholders’.

a. What was meant by ‘sensitising stakeholders’ and why was this an important part of Interface’s mission?

b. Who were Interface’s stakeholders and how could they have been potentially impacted by the company’s commitment to producing sustainable floor coverings?

Question 4 – 10 marks The GAPFRAME provides a useful guide to the performance of countries from around the world, in terms of their progress towards the UN Sustainable Development Goals (SDGs). It can highlight areas of strong (or safe) performance, as well as identifying ‘the gaps’ for countries. a. In what ways could the GAPFRAME tool be used by a social enterprise such as Thankyou to identify business opportunities?

b. Identify at least two countries that present Thankyou with opportunities for business expansion, and two countries with ‘gaps’ that can be helped through Thankyou’s socially beneficial activities. Give reasons for your selections