- 2000 words
Global demand for water from industry and agriculture is increasing due to population growth and economic development. Freshwater consumption has doubled worldwide since 1945 and is expected to rise by a further 25% by 2030.
According to HYPERLINK "http://www.2030wrg.org" www.2030wrg.org (Water Resources Group) a business as usual approach will not meet demand for raw water. In September 2013 the Alliance for Water Stewardship hosted World Water Week in Stockholm with the theme: “How can Water Stewardship Partnerships Benefit Society?” to identify water stakeholders and ways in which stakeholder groups can be engaged in the crucial issue of stable water supplies over the coming decades.
Working with a partner, your assignment brief is:
In many parts of the world water supplies are maintained through a standing charge that bears little relationship to actual consumption. Through illustration of the economic concept of supply and demand explain how the introduction of a water meter to monitor and charge for all water use may impact on business policies related to water consumption. Comment on any evidence of price elasticity in relation the use and consumption of water. (25 marks)
You have been asked by the Government to prepare a stakeholder theory diagram for a new tourist complex with a hotel, swimming pool and leisure facilities and comment on the range of stakeholder interests in relation to a continuous water supply. (25 marks)
Carroll’s Pyramid of Corporate Social Responsibility depicts four domains that business should pay attention to. Select a company that bottles water (this can be located in any country) and analyse the activities of the business in relation to Carroll’s Model. (25 marks)
Write an INDIVIDUAL one-page reflective statement on innovative ways in which business could use scarce resources in a more effective manner. (10 marks)
Presentation and construction of the report that of business standard; includes an introduction and a summary/conclusion. Comprehensive business English throughout (10 marks)
Referencing / use of Harvard system (5 marks)
