Global Business

1934 Words4 Pages

1. Introduction: In current years, the global business has many changes significantly. The fabrication of smart device such as iphone or ipad has altered the way people interact. Simultaneously, the creation of “cleantech” which is abbreviate from Clean Technology (Adriaen, 2010), also contribute to establish the new human’s behavior and alleviate the proportion of greenhouse gas emission. According to statistics of Environmental research web organization, there are 36% of all carbon dioxide from manufacturing industry, 40% from buildings and appliances and 24% from transport. Hence, the innovation of cleantech plays a vital role in order to deal with these problems. “The cleantech enable transformation to a low-carbon, resource efficient economy may be the next industrial revolution” ( Ernst & Young, 2011). As Burtis et al (2004) define cleantech as a specific industry which use new, innovate technology to create a product and services that compete favorably on price and performance while reducing pollution, waste and use of natural resources. Moreover, the business world is depending more on the energy from oil, thus finding out substitute energy and reducing pollution is a necessary thing. This report is aimed to verify the issue that cleantech will be reached the alternative energy for the business world in the future. There are three main sections in this report. The first is introduction overall of the report and some background information and definition about clean technology. Secondly, it will reveal about how cleantech revolution influences the business world by analyzing its relevant aspects. The conclusion will summarize benefits of cleantech and identify what matter need to handle. 2. These elements relate to... ... middle of paper ... ...21st century. “Cleantech addresses the roots of ecological problems with new science, emphasizing natural approaches such as biomimicry and biology” (cleantech.com website). In the near future, pure technology is not a mysterious machine for clients. Hence, its potential market will be surged significantly which constitute to mitigate a risk for investors and owners business as well. However, the cost of shifting from traditional technology to new one will play a crucial matter. These old machines will be liberated and become a waste for environment. Additionally, the competition within these corporations in the energy industry will motivate reducing the price of oil product, and clients will return to utilize it again. Therefore, to solve these matters, it needs to be the interference of government to support operations of business and consumer rights as well.

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