Thesis (MBA) - Cyprus International University. Institute of Graduate Studies and Research Business Administration Department

Includes bibliography (sheets 37-45)

ABSTRACT
The study was aimed at examining the effects of environmental issues to business
management in today's world. With a case study of Northern Cyprus a total of 124
questionnaires were distributed and retrieved from managers and owners of small and
medium scale enterprises in the study area. In order to achieve 3 specific objectives
which are: to determine the relationship between environmental issues and business
management in the study area, to identify the major environmental issues affecting
Small and Medium scale enterprises in the study area and to identify mitigating
strategies employed by Small and Medium scale enterprises in the study area.
Descriptive statistics comprising of percentages, frequencies and mean of means was
employed to analyze the survey data. Findings from this study show that 81.45%
respondents opine that there is significant relationship between environmental issues
and business management. Climate change (32.26%) and waste disposal (25.81%)
were outlined as the major environmental issues affecting SME’s in the study area and
using mean of means, four major areas affected were outlined; providing opportunities
for business organizations, increasing operating cost of businesses, reducing
productivity of employees and reducing business productivity. Consequently, SME’s
in the study area have adopted various and multiple strategies to mitigate such
environmental issues such as complying with environmental regulations (19.03%),
smart use of resources (52.42%), use of green energy (45.96%) and waste recycling
(26.01%). However, 11.29% of SME’s do not adopt any mitigating strategy.
Keywords: Business Management, Climate Change, Environmental Cost
Environmental Issues, Small and Medium Scale Enterprises.