In the last two decades, market economy has
started its evolutionary journey from ‘take-make-waste’ toward a
‘regenerative circular’ economy, a journey that began with
ethical and corporate social responsibility (CSR) issues and has
now reached a level requiring fundamental changes in
corporations and making them redefine their purposes and
objectives. This course is designed in response to these
changes. It introduces business students to sustainable business
management topics and the role of the private sector on global
sustainability development and environmental initiatives. It
discusses the development and environmental threats that are
influencing the sustainability of corporations as well as the
creation of new opportunities by addressing the following
questions:
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How can companies adapt their
operations to the new economy?
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How can profit-based free enterprise
systems take socially responsible business decisions?
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What can we learn from leading
companies?
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What can we learn from the way
humanitarian and philanthropic foundations manage their
activities?
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How can we change our existing linear
view of our operation to a circular one?
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What are the required organizational
and cultural changes for successful implementation of
circular value chain?
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