i)    An  ecological  system  is  an  interrelated  &  interdependent  set  of  organisms  & environments.


ii)  The corporate world, the industry or others engaged in the use of natural resources or environment services are closely linked with environment and natural resources.

iii) Business firms depends on natural environment for their energy, material resources and waste disposal and that environment in turn is affected by the commercial activities of business firms.

iv)  So all business firm must ensure that their activities do not injure the ecological ethical system. This resolve is called ecological ethics.

v)   It is based on the idea that the environment should be protected not only for the sake of human beings but for its own sake.

vi)  Hence, as ecological systems are interrelated & affected by business; business forms an important part of it.


The following two tabs change content below.
We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]

Leave a reply

BMS.co.in is aimed at revolutionising Bachelors in Management Studies education, also known as BMS for students appearing for BMS exams across all states of India. We provide free study material, 100s of tutorials with worked examples, past papers, tips, tricks for BMS exams, we are creating a digital learning library.

Disclaimer: We are not affiliated with any university or government body in anyway.

©2020 BMS - Bachelor of Management Studies Community 

A Management Paradise Venture

Ask Us On WhatsApp

Log in with your credentials


Forgot your details?


Create Account