Global Warming on Business Planning in Mexico and the Impact of Best Practices on Quality of Life

Global Warming on Business Planning in Mexico and the Impact of Best Practices on Quality of Life

DOI: 10.4018/978-1-6684-4829-8.ch008
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Abstract

The aim of this chapter is to identify and analyze some of the best practices in relation to the impact of global warming on business planning in Mexico. The phenomenon of global warming as changes in the business environment has impacted on the strategic planning processes of Mexican companies in the creation of objectives and methodologies in various fields and sectors, highlighting the importance of adapting to the needs and the limitations that may arise with climate change in the various markets we are focused.
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State Of The Art

As a result of the evaluation of the impact of climate change, several reports have been produced. This problem has been addressed in the past by the oil companies (Van den Hove, Le Menestrel and Bettignies, 2002; Levy and Kolk, 2002), and three strategies were developed: (1) prioritizing trade implications while weakening perception that anthropogenic greenhouse gas emissions are causing climate change, (2) avoiding responsibility, and (3) prioritizing the need for a change in the business process while limiting the negative effect in terms of commercial consequences. Boiral (2006) mentions that managers, especially in large industries, should try to develop an inventory of alternatives and sources of GHG, in order to determine which options are more efficient for replacement.

Key Terms in this Chapter

Quality of Life: The quality of life is a subjective concept that refers to the conditions of well-being in which people live in all areas and levels of the environment, society, and the community, etc. These conditions of well-being respond to the satisfaction of the ecological, physiological, material, social, psychological, emotional, and human development needs, in such a way that they have a pleasant existence and a life worth living.

Climate Change: A gradual earth’s increase of average global temperature in the overall atmospheric and oceanic warming, generally predicted to occur and attributed to the gradual rise in greenhouse effect resulted by pollution and caused by high levels of gases such as carbon dioxide and chlorofluorocarbons. These gases are collected in the air, which traps heat in the atmosphere, preventing it from going into space.

Business Planning: It is a process, usually written in a document, that determines and describes the goals, objectives, strategies, policies, and actions of the whole firm, including the human resources, financial, production, operations, and marketing activities and how they are going to be achieved. Business planning is a fundamental tool that provides a road map to promote the business development and growth, focusing on dealing with the business risks to make profits and ensuring business prosperity and success.

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