ABSTRACT

Environmentally oriented business management requires reconsideration of the location and scale of companies, business areas, performance and the entire business organization. It is concerned about inanimate resources, such as material and energy flows, as well as about the protection of species and animals—the flora and fauna in the biosphere. Environmentally oriented business management aims to reduce the environmental impacts of business. From a socioeconomic perspective, business management is concerned about the social, legal and commercial impacts on the company and associated business performance. The task of environmentally oriented business management is to reduce environmental impacts imposed by existing technology in an economic way, as far as possible. Sustainable or eco-entrepreneurs concentrate on developing innovative products that do not primarily provide an environmental service but that provide environmental benefit through the products. Environmentally oriented business management is, therefore, a multifunctional activity. An engineer's perspective of the business process has a focus on scientific–technological aspects of business.