Is investment in green or environmentally friendly activities of Essay

Is investment in green or environmentally friendly activities of benefit to a small business - Essay Example And, a sufficient number of scholars necessitate that managers to consider the natural environment more as a subjective or a strategic problem than as an ethical or normative one (Aragon-Correa et al., 2004; Banerjee, 2001; Cordano and Frieze, 2000; Sharma, 2000). Consequently, they support a strategic mindset and approach to promote change from within the organization (Clemens, 2001). For SMEs, it is in their organizational interests to pursue such environmental policies that make them a responsible part of the environmentally responsible organizations; more importantly, the SMEs do not exist always to be identified with this term, they need growth and economic prosperity on a very strong footing; their entire future growth is largely associated with their current outlook seen and observed by the stakeholders; they need to invest in environmentally friendly activities. However, it is and will not be an easy task for SMEs as they face many problems such as limited financial resources , under-developed organisational structure, raw management style and so on are those factors that do not help SMEs to introduce a positive outlook denoting them as ‘an environmentally friendly entity.’ In the subsequent parts of this paper, first, it is argued for the topic and followed by argued against the topic; subsequent to that a conclusion is provided. Every organization always wants to grow particularly SMEs. And, nowadays, growth requires more social and environmental investment as a way to promote their name as an environmentally friendly entity. Most of the larger organizations have been enjoying growth in their net profit figures by providing the annual Corporate Social Responsibility (CSR) reports along with their annual reports. In these reports, they account for such economic, social and environmental investment either that have been