Page 53 - Business Principles and Management

Unit 1

FIGURE 2-4 The CERES Principles

1. Protect the environment from the release of pollutants, especially
hazardous substances that may damage the environment.
2. Conserve nonrenewable natural resources through efficient use and
careful planning.
3. Minimize the creation of waste, especially hazardous waste, and
dispose of such materials in a safe, responsible manner.
4. Make every effort to use environmentally safe and sustainable
energy sources to meet organizational needs.
5. Reduce environmental, health, and safety risks to employees and
surrounding communities.
6. Sell products that cause as little damage to the environment as
possible and are safe to use.
7. Accept responsibility for any harm the company causes to the
environment, correct damages made to the environment, and
compensate injured parties.
8. Keep the public informed of incidents relating to operations that
harm the environment or pose health or safety hazards.
9. Appoint one person to represent environmental interests to serve on
the highest-level decision-making committee that represents owner
interests.
10. Produce and publicize a yearly self-evaluation of progress toward
implementing these principles and meeting all applicable laws
worldwide.

Source: www.ceres.org. Adapted from CERES: 1990. The 1990 CERES Guide to the
Valdez Principles, The Social Investment Forum, Boston, MA.

2.2 Assessment

UNDERSTAND MANAGEMENT CONCEPTS
Circle the best answer for each of the following questions.
1. Which of the following is not true for the Net Generation?
a. They expect to change jobs many times during their careers.
b. They were born between 1977 and 1997.
c. They are the post-baby-boom generation.
d. They feel less loyal to a particular employer.
2. Pollution can, in part, be controlled through
a. recycling
b. EPA regulations
c. following the CERES Principles
d. all of the above

THINK CRITICALLY
Answer the following questions as completely as possible.
3. Identify a list of employer practices that have enhanced the quality
of work life for employees.
4. Give at least two examples of how environmental
goals can be at odds with energy conservation goals.

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