Some people think that climate change could have a negative effect on business. Others think that climate change could create more business opportunities. Discuss both views and your own opinions.
Weather patterns play a vital role in running a business. A school of thought considers the current shift in these as a good omen for expanding business, while some voice their dissent and fear that this may leave an adverse impact on the growth.
To start with, many economists believe that the imbalanced climate would bring prosperity in the trade as they can produce more products such as for creating artificial atmospheric conditions, irrespective of prevailing weather. There is no doubt that with these sudden changes, requirements of individuals will be changed, and to fulfill the demands of the latter, many companies will grab the opportunities and provide their goods at premium prices. Thus, businesses could generate more revenue, and establish new projects for accomplishing their desired targets.
Nevertheless, those skeptical of the former opinion predict that the shift in climatic patterns is bound to create a chaotic situation for commercial activity. To illustrate, the farmers who are completely dependent upon natural resources: sunlight, heat, mist, rain and air, could become financially deprived and helpless since they will not receive the essential resources as per the demands of crops; and thus will have to resort to man-made arrangements for survival of their crops, causing a hike in their cost of operations, making agriculture infeasible. Similarly, those who produce seasonal goods such as clothes and other gears, may face failure in meeting their goals, owing to declining demand for their products in different climatic scenarios.
Overall, even though some might feel that changing weather could fetch a multitude of benefits for commercial activities, the ramifications are likely to be far more serious. Therefore, it can be safely said that the climatic shift for the worse is going to hamper business potential in a myriad of ways.
