'Environmental protection is becoming a high priority goal' and 'Protecting the Environment is becoming

an expression of corporate responsibility'. Businesses have become increasingly aware of the

environmental implications of their operations, products and services. Environmental risks cannot be

ignored. Poor environmental behaviors have shown real adverse impact on the business and its finances.

Thus today, Businesses want to do more, they employ the best available technology within the limits of

their economic possibilities to continuously reduce the negative impacts of their business activities on

the environment.

Discuss at least two ways in which an increasing general concern for the environment canimpact an organizations' performance.(5 marks) (you may use relevant examples from Fiji business to prove your argument)

(b) Discuss how environmental management accounting can be used to overcome theshortcomings of traditional management accounting in dealing with environmental costs.(you may use the US Environmental Protection Act to guide your discussions onenvironmental cost)