Reference no: EM132892967
Competency
Analyze sustainable and renewable resources and their role in business.
Scenario
You are the operations manager for a large manufacturing company. The board of directors for the company is concerned about increasing electric bills. The board is also concerned about environmental impacts of the current energy sources the organization depends on.
The board wants to invest in technology that allows the company to take advantage of renewable and sustainable resource technologies, such as solar or wind power, along with options these technologies have to help select the best fit for the company. The company has money budgeted for this purpose but must explain and justify the expenses to a group of investors.
Question 1: Describe the recommended technology the business could use to move to more renewable resources (be sure to use credible sources).
Question 2: Support the move to this renewable technology with economic data from similar companies.
Question 3: Support the move to this renewable technology based on environmental conservation factors.
Question 4: Prepare arguments for any legal, ethical, or financial concerns the readers could have with this technology.