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.
Discuss both views and your own opinions.
Others think that climate change could create more business opportunities.
Some people think that climate change could have a negative effect on business
UNFAVORABLE IMPACT ON BUSINESS
Abrupt weather shift causing floods, droughts and snow, affecting those engaged in primary industry
Affecting supply chains
Longer summers, causing snow to melt on poles, resulting in higher sea levels, forcing industry to relocate inland
Energy bills of businesses are witnessing an increment
FAVORABLE IMPACT ON BUSINESS
Helping those in manufacturing equipment that helps people overcome abrupt climate change
Creating opportunities for those engaged in discovering solutions for overcome the challenges posed by climate shifts
A school of thought, dominated by environmentalists, fears that the rapidly transforming climatic patterns could have unfavorable impacts on commercial activities, while the other section proposes favorable outcomes. I align myself with the former view, and shall support my stand in the following paragraphs.
The alterations in the behavior of climate have started to show their presence, in the form of abrupt weather phenomenon such as extended rainy season or dry spell, which result in floods and droughts respectively, causing severe disruptions in activities related to farming, natural resource extraction, and so on, and affecting communities and organizations engaged in producing, and selling, food and other raw material. To corroborate, over the last decade, several food producing, and mining, giants have seen their losses grow due to their goods being lost, or spoiled, owing to hostile seasons, either arriving late or early.
Similarly, the hospitality sector has been at the receiving end by virtue of unpredictable season patterns, resulting in heat, or cold waves, or unbearable humidity, often causing disaster consequences. For instance, the prolonged summers and the scorching heat caused fierce wildfires in California recently, decimating the hotel industry completely and taking tourists away, engendering huge losses for hotels.
Nevertheless, those representing the positive side, despite their view lacking conviction, propound that such distortions have fetched broader opportunities for entities involved in researching and discovering greener technologies, and methods, to counter environmental challenges posed by this bizarre development. However, this will only benefit miniscule minority, exposing the rest to unbearable misery and losses.
To conclude, commercial organizations drawing rewards from distortion in the climatic patterns is a misconception since a majority of corporations conducting business in different sectors are going to suffer immensely and produce catastrophic ramifications for those dependent on these endeavors.
Introduction1
The rapidly transforming climatic patterns have precipitated tangible unfavorable impact on commercial activities, but some represent an optimistic view that highlights the favorable outcomes for various businesses. This matter, in my view, needs to be analyzed critically, in order to draw a plausible conclusion.
Introduction 2
The debate surrounding the outcomes of rapidly transforming climatic patterns on commercial activities is the most heated. While some suggest that the impact is going to be highly unfavorable, others indicate favorable outcomes. The former view is supported by tangible evidence, and thus, holds more substance.
Introduction 3
