![\"\"](\"http:\/\/img.ibtimes.com\/www\/data\/images\/full\/2011\/04\/13\/89084-view-of-the-exxon-mobil-refinery-in-baytown-texas.jpg\" "\\"Exxon")
<\/p>\nSince the “bottom line” of a successful corporate business is ultimately, the profits, does a corporate business know when to draw the line for sustainability (environmental issues) and its profits? Would a corporate business go that extra mile to reduce its environmental footprint, knowing that this strategy could potentially reduce its profits? The costs for implementing environmentally friendly technology would result in a lower net profit in the short run, and has the possibility of increasing profits only if the company can pay off its average variable costs.<\/p>\n
<\/p>\n
In reality, many large corporations are primarily concerned about its profits (not so much about the environment). Take the oil industry for example; large corporations in the oil and petroleum industry (i.e Exxon Mobile<\/a>) fully understand the extent to which their products are negatively impacting the environment. Not only is Exxon Mobile aware of its actions, the corporate giant is “Helping Write State Laws<\/a>” and manipulating the same laws that were instated to protect the environment.<\/p>\n Profits are definitely important concerns for corporate businesses, but I feel that many corporate businesses are taking their concerns too far. These businesses may not be aware of the long-term effects of their attempts at profit maximization<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Since the “bottom line” of a successful corporate business is ultimately, the profits, does a corporate business know when to draw the line for sustainability (environmental issues) and its profits? Would a corporate business go that extra mile to reduce its environmental footprint, knowing that this strategy could potentially reduce its profits? The costs for … Continue reading