Green Practices of Enterprises and their Impact to the Consumers: Basis for Strategic Plan
Published 12/30/2023
Keywords
- Durable goods companies, FMCG companies, Green addition, Green strategic planning, Green subtraction,
How to Cite
Copyright (c) 2023 The QUEST: Journal of Multidisciplinary Research and Development
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Abstract
This study utilized descriptive analysis to assess the implementation of green practices within durable goods and FMCG companies in Henan Province, China. Interviews with management, employees, and stakeholders were conducted via questionnaires to comprehensively understand the current status of green implementation and the challenges faced. The investigation covered various aspects, including production processes, social responsibility fulfillment, green addition and subtraction practices, and their impact on operations and communities. Respondents identified hurdles such as gradual buy-in from managers and employees due to delayed economic benefits, difficulty in convincing consumers of environmental commitment, and governmental policy influence. Addressing these challenges requires a collaborative approach involving employees, government, and consumers. The study categorized green behaviors into green addition and subtraction, highlighting the need for tailored strategies aligned with business profiles. Consequently, a three-year green strategic development plan was devised for both durable goods and FMCG enterprises, focusing on production processes, green practices, operations, and community impact. The implementation of these plans aims to facilitate companies in achieving their green development objectives and fostering sustainable growth.
References
- Cao, D. (2019). Corporate green behaviors and organizational culture: A case study of FMCG companies in China. Journal of Business Research, 99, 126-134.
- Grunert, K. G. (2005). Eco-labelling and consumer interests. European Review of Agricultural Economics, 32(3), 359-381.
- Lavrakas, P. J. (2008). Encyclopedia of survey research methods. SAGE Publications.
- Sheng, S., Tong, L., & Ye, L. (2019). Investigating the influence of green advertising on consumer purchase intention: The role of consumer skepticism. Journal of Cleaner Production, 228, 1260-1268.
- Szabo, Z. K., & Webster, C. M. (2020). Green marketing strategies and consumer perceptions: A qualitative study. Journal of Consumer Marketing, 37(7), 758-769.
- Wang, M. (2020). A study on green marketing strategy of fast-moving consumer goods in China. Journal of Marketing Science, 3(2), 112-118.
- Wang, W. (2017). Green marketing strategies and corporate social responsibility: Evidence from China's durable goods industry. Journal of Business Ethics, 145(3), 517-532.