Question
Many companies manage sustainability in a strategic manner, through sustainability reports to shareholders. As you studied so far, the concern for sustainability as a green
Many companies manage sustainability in a strategic manner, through sustainability reports to shareholders. As you studied so far, the concern for sustainability as a "green issue".
Despite premium quality and outstanding customer service. HighTec Company management recently had some concerns over pollution caused by its production process for small laser cut & formed parts used in medical equipment. Given the recent expansions of the plant, the production manager decided to refine the production process through a purchase of new a new cleaning equipment, which would apply a special treatment to the finishing phase and that would reduce the level of toxic emissions released by more than 40%. The budget assigned for purchasing the new equipment will be about 10% of this year's growth revenue, which appears to be a significant expenditure to the company.
a) explain possible strategic considerations and issues that Hightec Company would be facing if investing in the cleaning equipment.
b) do you see any ethical concerns that should be addressed in the event of purchasing the cleaning equipment? discuss the ethical issues identified if any.
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