Business Management Essay: Impact of One Business on Global Problems

This essay explores the impact of a single business on global problems, arguing that one organization can indeed make a significant difference. It begins by highlighting the evolving business environment, where corporate sustainable activities are juxtaposed against actions harming the environment. The essay posits that one business can change unethical industry practices. It uses the analogy of a hand with five fingers, stating that even the smallest business can have a considerable impact, either positive or negative. The essay emphasizes that innovation often starts with one entity, citing examples like Tesla Motors, and the importance of corporate social responsibility (CSR). The paper also discusses the role of networks and collective efforts in changing the industry. Further, the essay also discusses the triple bottom line framework, which emphasizes the importance of profit, people, and the planet. The essay concludes by asserting that one business can positively impact global issues and that the efforts of a single organization can indeed make a difference in the global problem. The paper also highlights the importance of the triple bottom line framework and its importance in measuring the corporate social activities of an organization.

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“Can One Business Make a Difference to a Global Problem”
The aim of this essay is to enlighten the reader about the topic than whether one business along
can solve the global problem. With the changing environment, we have started noticing changes
in the business practices as well. On one hand people are trying to implement effective corporate
sustainable activities while on the other hand organizations are continuously performing actions
to harm in the nature and the environment. I believe that the case question right now is not that
can one business make difference in the global problem, but it is that can one business change
the wrong actions of the industry into right one. We as common man have started noticing
people and their actions in the business environment that are continuously initiating wrong
actions for the health of the society in the business environment. Further, the essay highlights
information about the facts that whether the activities of one business can create difference in the
global problem whether in a good or a bad way (Grayson, and Hodges 2017).
The aim of the reflective essay is to analyse the fact that whether the activities conducted by
several organizations in the environment are continuously growing to harm the nature or whether
there is less impact of such activities in the business environment. People nowadays have started
working in alliance where all the companies perform the same actions in the environment. Thus,
if an organization aims to changing either the concept then, the whole alliance follow it or they
oppose and suppress it in the environment. I believe that a palm has 5 fingers and the little finger
is equally important to the person as the index finger. It does not matter on size or numbers of the
companies performing change, act of one single organization can lay have impact on the
environment in both positive as well as negative ways. So, the aim of this paper to analyse that
whether the activities of one organization can create impact on the complete industry or external
environment (Wood, et. al., 2015).
If we consider the fact in such a way, that one organization or person cannot change the global
problem or modify it then on person in the world would take the initiative to correct the wrong
or harmful actions that the perform in the business environment. Also the fact should be noted
that innovation and development occurs when only one person or a group think about it and not
when the entire industry is working on it. It takes one organization to begin the change, the rest
organization present in the industry only follow it. So, I strongly favour the notion that yes work

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and focus of one organization towards the corporate social responsibility can help in solving the
global issue present in the external environment.
Yes, I believe that one organization can make a powerful impact in the business environment.
There are several organizations that can be seen as an example for this case. One business can
make a difference in both positive and negative ways in the business environment. Activities of
ill-fated organization can insist other organizations to move in the same direction. For instance,
one organization is not performing CSR activities in the business environment and is attaining
high degree of profits then other companies would also focus on organizing their business
actions in a similar way to earn higher level of profits (Yunus 2017). All people present in the
industry only focus on managing their profits and finding a way to increase it. The
businessperson does not think whether their actions are ethical or not. Resulting in which, the
code of conduct and ethics were formed by the recognized associations to make the business
process follow the right path and do not perform ay wrong actions that can harm the interest of
the whole community. These actions are also backed up with penalties because the business
people get motivated with the actions of the organization that tamper the practice in an unethical
manner and then profitability. Threat of penalty will detract the business person and will give
them a reason to not follow the actions of such companies (Tietenberg, and Lewis 2016).
Further, it should be noted that the business leaders already know how to transform their
companies and seize opportunities in the external environment by meeting challenges. So, the
question is that how can one organization attempt to solve the major economic or diversified
problems present in the industry. The answer is by creating networks of organization that can
work in a way to reach to the common goals in the external environment. The initiative of
change the industry or environment starts with one single organization but ends with the
initiative of several organizations on a whole. Resulting to which, I believe that it can be said
that the change process starts with the work of one organization. Organizing this type of
collective efforts can possible change, the industry and the global issue as well (Crane, and
Matten 2016).
Let’s take example of the company Tesla Motors, the major car manufacturer company has
already invested a large amount of their resources to electrify their future fleets. The level of
innovation in the company is extremely high and still they are performing such a actions so as to

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initially focus on the issues of the external environment and secondly to ear optimum revenue as
well. Thus, it can be said that Tesla was the one and only organization that thought of changing
the future and developing it for the better. Thus, it can be seen that there are plenty of meaningful
problems that can be solved using the correct solutions but it just depends upon the organizations
that what is their purpose to perform certain actions and how they want to implement it (Fields
2016).
Thus, it should be noted that there are plenty of global problems that can be solved or eradicated
by simple focus of one single organization. So, I believe that efforts of one organization can
make a difference in the global issue. The issues become issues in the business environment
because there are not considered or focused on by the organizations present. Like, if an
organization or industry in a wider context is focusing on improving the states or the
environment and perform right actions to benefit the stakeholders that the environment never
faces a global issue for anything. However, if all the organizations will keep on moving forward
without focusing on change then also the industry will lack the quality to change the global issue
(Trevino, and Nelson 2016). It takes one innovation or change process to affect the complete
problem, the initial path of the change is hard but as soon as the things fall into places then other
mediocre companies will also follow it.
However, contrasting the above mentioned belief that yes efforts of one organization in the
industry can solve a global problem because no organization has enough resources or adequate
knowledge to analyse and change the problem. As discussed above that there is need to develop
a network in the business process so as to effective rectify the environment and solve the
problem. During the process of change and innovation, at several stages an organization feel the
need to give up. Giving up will make the company to fall back to position from where they
started. Thus, it is believed that in order to change something it is important to form a group of
people or organisations that are willing to change (Porter, and Kramer 2019).
Lastly, I believe that it depends upon the perception of people that how they treat to a problem
and how they want to continue with it. Like Tesla started an initiative of reducing the carbon
emission by producing electric cars resulting in which several automobile companies started
following it so as to maintain their competence and improve the environmental conditions of

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earth as well. Thus, according to me efforts of one organization also to change the global issue
will never go into waste (Charles Jr, Schmidheiny, and Watts 2017).
Relating the case with the Triple Bottom Line framework, it should be noted that this framework
recommends that the companies commit to focus on the global issue that are social or
environmental concern just like they focus on making profit. Environmental sustainability is an
important part of the business industry and their activities should give equal weightage to
environment like they give it to the profitability. This framework states that instead of one
bottom line, there should be three that are profit, people and the planet. This type of framework
scales the corporate social activities of an organization and analyse its impact on the environment
as well. This type of framework explains that if an organization only focuses on making profits
in the business environment then they would not be able to succeed but if they focus on all the
three segments mentioned above then they would surely grow in the business environment. The
triple bottom line theory helps the companies to simultaneously work on all the three segments
and prioritize their areas of growth and profitability as well (Dees 2017).
The profit segment of the framework measures corporate profits and profit and loss account of
the company. Secondly, the people segment measures on socially responsible a company have
been throughout its business operations and thirdly the planet segment explains that how the
company has showed its responsibility towards the environment. By focusing on all the three
segments, the companies gain the advantage to become sustainable in the external environment.
This type of framework instructs the organizations to focus on other segments apart from
profitability so as to attain grow and recognition in the industry (Chell, et. al., 2016).
By following this type of framework, the organizations would be able to rectify their wrong
deeds and grow in the direction of environmental as well as organizational prosperity. Further, it
should also be noted that the companies are itself a stakeholder of the environment, as change in
environmental conditions will affect their objective to grow by attain resources from the
environment (Boshyk 2016). Thus, this activity revolves in circular motion, as if the organization
will provide benefits to the environment then the environment will also provide benefits to the
organization in the form of resources. Thus, it should be noted that the triple bottom line suggests
the areas where the companies should focus in order to grow and invest their energies in the right
direction (Sen 2018).

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Thus, I strongly believe in the notion that one business can make difference in the global
problem worldwide. It takes only one person or organization to analyse the fact that the activities
that the industry is promoting is not good for the people and the planet. Due to which they need
to change their actions and mould their profit making activities in such a way that benefits are
received and planet is also saved. Like the activity of cosmetic testing on animals and dangerous
and can cause severe effect on the health of animals. This type of activity is continued for a long
period of time as the company test their new cosmetic products on the animals so as to protect
people from facing the ill effects of their products (Laszlo, and Cescau 2017).
Many profound make up brands still test their products on animal just as to analyse that the
finished products are good for the use of human or not. Rabbits, mice and rats are often used by
the organizations to test their products. Testing of such products on animals also lead to death
and other fatal disease. Although the fact is true that such testing helps the organization to
prevent their customers suffering by using such products. However, at the same time, this type of
testing increases the death rate of the animals as well. Many famous companies like MAC,
NARS, L’Oreal, Make up Forever etc. still make use of this type of practice while inventing a
new product in the business environment (Jacques 2016).
However, not all organizations show cruelty towards animals as some find the need to rectify
their activities so as to increase the satisfaction level of the people and the planet. Companies
like, Hourglass, Becca and (Estee Lauder) etc. are 100% vegan organization that provide natural
products to customers in the business environment. Such initiative of these organisations has also
led the people to focus on ill effects of cosmetic testing on the animals. Resulting to which, they
have started purchasing products only from the companies that do not perform testing on
animals. Thus, other organizations have started analysing the importance of life on earth. So, it
can be said that efforts of one organization has led to awareness of animal testing in the cosmetic
industry (Grant 2016).
Thus, it is recommended that the companies present in the make-up and cosmetic industry so
stop performing animal testing activities in the business environment so as to change the
environmental conditions and increase profitability as well. PETA (People for Ethical Treatment
of Animal) is an association that helps the organizations to stop performing harm to the animal
life and take alternative actions that do not harm the society on a whole. The scientist have

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developed the technology to form tissues and cells naturally so the companies like L’Oreal etc.
should make use of this type of strategy to grow (Rauter, Jonker, and Baumgartner 2017).
Further, it should also be noted that there are three P’s that are most important for the companies
to succeed that are people, profit and planet. The organizations should simultaneously focus on
all the three concepts to grow and increase their profitability in the business environment. Thus,
if the companies start taking care of their corporate social responsibility then they will definitely
find the need to rectify their activities (Kopnina, and Blewitt 2018).
Thus, in the limelight of above mentioned event, the fact should be noted that the paper
highlights the details that whether the activities of one organization can create a global change in
the industry. The reflective essay highlights details about the critical fact that whether the
activities of one organization can change the face of complete industry. Various examples are
given in the paper to explain the concept that several organizations have used to increase their
sustainability. Thus, using the triple bottom line concept it should be noted that the companies
should stop the activity of cosmetic testing on animals and they should start performing the
actions that do not harm humanity on earth. Thus, it is suggested that the organizations should
regularly focus on CSR activities which will eventually provide them profitability in the external
environment.

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