3

ENVIRONMENT AND ITS COMPONENTS

“The more clearly we can focus our attention on the wonders and realities of the universe about us, the less taste we shall have for destruction

—Rachel Carson”

Learning Objectives

  • Familiarize with the different terms and concepts used in environmental management.
  • Understand the components of the environment, their relevance and importance for business firms.
  • Identify the importance of biodiversity in the cycling of materials as a fundamental process of the preservation of natural environment.
  • Appreciate the concept of carrying capacity and ecosystem integrity.
  • Understand the ill effects of altered material cycling processes, in the form of acid rains, eutrophication, global warming and pollution.

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