A Report To The Executive Committee On Why The Company Should Upgrade Its Equipment Essay Example

more often since the old equipment continue being used. It is not cost effective in the long run

Strengths of Upgrading the Equipment. It is cost effective in the long run; no regular servicing or maintenance. It will be more efficient since all its parts are in good condition. It saves time as it does not require regular servicing. Weaknesses of Upgrading the Waste management Equipment. It requires high initial capital outlay for procuring and installing the equipment. Skilled labor might be required if the equipment to be purchased is different from the one being used. It can lead to further costs in case it breaks down.

Why the Committee should go for Equipment Upgrading Option. The use of old equipment is expensive in the long run as compared to upgrading the equipment because the equipment require regular servicing and maintenance. The new equipment is likely to be more effective because it is in good condition as compared to old equipment. The new equipment will help in saving costs, time and produce better outcomes.

Application of PPA Ideas to the Scenario. By upgrading the equipment the company will comply with PPA clause that requires organizations to reduce pollution by adopting cost effective practices by: reducing pollution as the equipment is good condition. Incurring little cost.

Continuation with Application of PPA Ideas to the Scenario. The company will comply with PPA clause that requires the organizations to reduce the release of pollutants, contaminants from entering into waste sewer or into environment by: having equipment which is in good condition and more effective; having equipment that is working at all times thereby minimizing release of wastes at any given time; being able

to treat the waste at source.

Why Executive Committee Should Adopt the Idea of Upgrading the system? The committee should adopt the idea of upgrading the equipment. Upgrading the equipment will be more effective in reducing pollution than adding another plant at end process. The consumers and the stakeholders are likely to judge the company on the decision they will take. The consumers are becoming environmental conscious. The consumers are buying products for companies that that have gone green. Failure the of the company to address pollution problem is likely tarnish the reputation of its brands.

The Concept of Green Products and Marketing. Green products are goods and services that have been produced in ecofriendly manner. Research shows that consumers considers social and moral cost, price and quality in their buying decisions. Consumers are more likely to buy products for companies that have “gone green”. The company should upgrade its equipment in order to be able to address pollution problem more effectively thereby fostering its competitive advantage.

Advantages the Company will Enjoy by Upgrading the Equipment. It will save costs characterized servicing and maintaining the old equipment regularly. It will enhance its marketing strategies by going green or addressing pollution effectively. It will save costs that it is likely to be charged by regulatory bodies as the equipment is in good condition and unlikely to break out.

The Problems the Company can face because of failing to Address Pollution Adequately. The company is likely to face the following problems for failing to address pollution problems: tarnishing its brand images. It is likely to be fined a lot of money because of its negligence. It is likely to incur a

lot of costs as it restore its tarnished image. The company operating license can be revoked if the toxic substances gets to chronic level.

Summary. By upgrading the equipment the company will be able to: save the costs characterized by regular servicing and maintenance of old equipment's. Save the costs which it is likely to be fined because of violating environmental regulations as the old equipment keep on breaking out. Enhance its marketing strategies by going green.