• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Analyse how the agenda for action is using local partnerships, and clusters of related organisations and individuals

Extracts from this document...


Analyse how the agenda for action is using local partnerships, and clusters of related organisations and individuals. What are the likely benefits and drawbacks of this in achieving sustainable development and how might the business involved be accountable? The agenda for action was published by advantage west midlands. It sets out specific actions required to deliver the regional economic strategy. The agenda defines the significant priority actions that partners in the region have agreed will deliver west midlands economic strategy. The agency has targeted three regeneration zones that are working through forums of partnerships, which encourage people to work across traditional boundaries and develop new relationships. The agency is trying to develop business clusters, which are groups of businesses and related organisations linked through a common technology or end product. It has to be considered how clusters of related organisations can help achieve a better quality of life for everyone now and in the future. It could be argued clusters will enable sustainable development because it will bring new businesses into the midland, which will help the local economy grow. ...read more.


This can help future generations who are more likely to be educated which will help maintain the development of industry in the midlands. A better trained local population in a local area experiencing economic growth will also attract other businesses to locate in the midlands which will also help the growth of the region which will maintain higher standards of living brought about from increased education, good infrastructure and increased business activity. However it is possible business clusters in the midlands will become a threat to sustainable development because firstly the main aim for the majority of businesses is to maximise profit. This can be achieved by minimising private costs therefore business won't be bothered about preserving the environment and helping the community because it is an added cost. Therefore the businesses operations may have a negative effect, which could prevent the development the business clusters have enabled to occur from being preserved. On the other hand it can be argued that Firms will be ethical because the decisions on their operations are not just influenced by the ...read more.


Another threat the cluster of business may present to sustained development is that they will use up the majority of the regions limited resources which means future generations will not have access to these resources such as steel and Iron. However the business may try to use resources efficiently together rather than wasting resources. It is clear that a business cluster of related partnerships can help achieve sustainable development but its operations can also prevent the development from being maintained if it acts unethically. However it could be argued that businesses have responsibility to help sustain development in the communities where it operates by acting socially responsible as it has a detrimental effect on the quality of life of its stakeholders and the environment the business operates in. However the amount of responsibility the business has to account for depends on the laws created by the government to protect the environment and the actions consumers and pressure groups take to influence firms act responsibly. Jolene Giggs ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Global Interdependence & Economic Transition section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Global Interdependence & Economic Transition essays

  1. International Ecotourism Management: Using Australia and Africa as Case Studies.

    Recreational products can not be stockpiled for periods of high demand and can not be returned if defective, leading to unique problems in supply. These, and other factors, require sophisticated business analysis and managerial training if the business is to be successful.

  2. The Board of directors of Barclays have asked me to submit a formal business ...

    The Barclays office became the headquarters on site for relief and rescue operations being carried out by the New York fire department. As to how the organisation has shown its recognition of the changing global scenario in the wake of the September 11 attacks, it has made it compulsory for

  1. To What extent does Nike influence the shape of the environments in which it ...

    This is, as I think, because Nike's strategy in promoting its products is to link those products to humanity features and social dimensions such as self esteem, confidence, strength, reaching the dream, achievements, etc. To begin with, let me explain what is meant by Social environment?

  2. Development of the leisure and recreation industry

    but looking at the following statistics it will come into prospective, there are only 500,000,000 visits in total to leisure centres annually, only 10% of people use leisure centres regularly and over half of the British population never use a leisure centre.

  1. The social costs and benefits of business activity- Paddington Basin Regeneration Project.

    Below are the indicators of life that apply to the Paddington development: o economic growth o social investment o employment o health o education and training o transport Economic growth The development if successful will have a positive effect on the total output of the economy in the basin area.

  2. How to make a good business?

    According to a poster maker Benetton - advertisements do not sell products or ideas but a false and hypnotizing model of happiness. Half-truths rule the world of advertising. It means that commercials and advertisements creators can use metaphors and embellishments while presenting the advantages of their products.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work