Question: The main difference between management and stewardship lies in their underlying ethos and approach. Management is like running a business efficiently to make profits, while
The main difference between management and stewardship lies in their underlying ethos and approach. Management is like running a business efficiently to make profits, while stewardship is more about taking care of everything involved in the business like the environment, people, and communities so it can thrive in the long run, even beyond just making money. (ii).Environmental responsibility means companies taking care of the environment by using less energy, recycling more, and ensuring their products are made sustainably. By reducing their ecological footprint and promoting sustainability throughout their operations and supply chain, companies can contribute to a healthier planet for present and future generations. This involves implementing initiatives to minimize carbon emissions, managing waste effectively, and ensuring ethical practices. Environmental responsibility not only helps protect natural resources and ecosystems but also enhances corporate reputation and fosters innovation. Embracing environmental responsibility is crucial for promoting long-term sustainability and ensuring a more resilient and environmentally friendly future.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
