Edward Entrepreneur has an idea for a new business venture. He has designed an electronic gizmo, the
Question:
Edward Entrepreneur has an idea for a new business venture. He has designed an electronic gizmo, the Wonder Cleaner, to assist with routine household chores. Edward wants to set up a corporation to manufacture and sell this product in the United States and abroad. He is concerned about environmental issues and sustainability. He is wondering what actions he can take to factor sustainability into his corporate decisions.
a. How can Edward Entrepreneur minimize the environmental impact of his company during the design phase?
b. How does sustainability factor into the contracts Edward enters into with suppliers?
c. What role, if any, can sustainability have in how Edward advertises his product?
d. What should Edward take into account when making decisions about the global distribution of the Wonder Cleaner to wholesalers and retailers if he is concerned about sustainability?
Step by Step Answer:
The Legal And Ethical Environment Of Business
ISBN: 9781454893028
2nd Edition
Authors: Gerald R. Ferrera, Mystica M. Alexander, William P. Wiggins, Cheryl Kirschner, Jonathan J. Darrow