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The Impact of Climate Change on International Business

   

Added on  2020-07-22

10 Pages2285 Words249 Views
THE IMPACT OF CLIMATE CHANGE ONINTERNATIONAL BUSINESS STRATEGIES“Dissertation proposal”

Table of ContentsRESEARCH PROPOSAL...............................................................................................................1Introduction.................................................................................................................................1Aim and Objectives.....................................................................................................................1Rationale of the study..................................................................................................................2Significance of the study.............................................................................................................2Potential contribution to knowledge...........................................................................................2Literature Review........................................................................................................................2Research project specification.....................................................................................................4Conclusion...................................................................................................................................5Potential contribution..................................................................................................................6REFERENCES................................................................................................................................7

RESEARCH PROPOSALIntroductionClimate change is known as one of the major challenge for international businesses thatimpact on global economy to great extent. It is undoubtedly one of the critical theme for today, itis fact that under the Business-As-Usual (BAU), changes in temperature can impact on worldeconomic output by 3%. Formal economic model states that if no action is taken by internationalorganizations then they may face huge loss (Oil Company Positions on the Reality and Risk ofClimate Change, 2017). It affects their business strategies because sudden changes in climatecan create issue for decision makers or strategies maker because they do not know level ofconsequences that may arise in their organization due to climate change. Oil and gas industry is one of the major contributor in economic development of UnitedKingdom. Changes in population growth, ecosystems decline, reduction in natural resources etc.can affect business operations of these firms (How Will Climate Change Affect The Oil & GasIndustry?, 2015). Due to this, climate get changed and companies have to make new strategies inorder to run their business smoothly in the international market. As per the report of WRI 2011 ithas been shown that many of the firms have recognized climate change as strategic threat forthem and some of them recognize it as opportunity. But in both situations entities have to re-design their business strategies so that they can sustain in the market and can turn the difficultyfrom negative to positive. Present dissertation is based on Petroceltic International which is a private oil and gasdevelopment and production company. Study will discuss the impact of climate change oninternational business strategies. Purpose of the investigation is to find out the factors that cancause climate change in any geographical location. It will describe enterprise strategies ofPetroceltic International firm and will identify impact of climate change on its plan of action. Aim and ObjectivesAim“ To identify the impact of climate change on international business strategies; A study ofPetroceltic International firm. Objective:To determine the factors that cause climate change.1

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