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Sustainable Business in the Philippines

The student wants to establish a rice farming company in the Philippines to help farmers who struggle with low pay and lack of support. [1] They will integrate values of respect, environmental sustainability, accountability, responsibility, and sustainable business practices. [2] It is important to the student that future employers meet social, environmental, and financial sustainability goals as this provides benefits to the business, workers, environment and society through competitive advantage and increased financial freedom. [3] The student believes applying sustainable business practices can help address poverty and other issues faced by Filipino farmers and communities.
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0% found this document useful (0 votes)
61 views3 pages

Sustainable Business in the Philippines

The student wants to establish a rice farming company in the Philippines to help farmers who struggle with low pay and lack of support. [1] They will integrate values of respect, environmental sustainability, accountability, responsibility, and sustainable business practices. [2] It is important to the student that future employers meet social, environmental, and financial sustainability goals as this provides benefits to the business, workers, environment and society through competitive advantage and increased financial freedom. [3] The student believes applying sustainable business practices can help address poverty and other issues faced by Filipino farmers and communities.
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

ASSESSMENT

Darlene P. Dulce 12 ABM MORIAH


Professor: Ms. Arlynn B. Papio Date Submitted: 10.03.21
LESSON 1: ASSIGNMENT

Direction: Watch the video assignment. In each box below, give your thoughts for what you got out of
the video.
UNITY COLLEGE - SUSTAINABLE BUSINESS ENTERPRISE AND MAINE GRAINS

MAIN IDEA OF THE VIDEO THINGS I LEARNED


The main idea of the video revolves around the Based on what I have watched, I learned that is true
successful journey of the business suit of the founder of that performing a sustainable business enterprise has positive
Maine Grains which is Amber Lambke. In Central Maine, benefits not only to the business itself but also to its
Lambke runs a grist mill wherein they process stoned milled surroundings and society. One of the things that I also learned
flour and rolled oats for bakeries, breweries, and is that owners must invest more in fruitful projects or
restaurants all over the Northeast. It is also revealed that programs like the formation of an environmental college as its
they developed opportunities and create a significant success could be pass to other individuals. Besides,
difference in the world as they apply sustainable business entrepreneurs are ought to practice harmony or balance in
enterprise in running their entity. Besides, as Lambke their workplaces wherein they must not only focus on gaining
integrated a sustainable business enterprise, it causes her profit but also in properly performing all of their
company to prolong its life and properly perform her roles responsibilities in the society, environment, and their
for the environment, society, and business itself. business. Moreover, I’ve realized that meeting the social,
Throughout the growth of their business, they have been environmental, and financial concepts to sustain the business
able to be a big part of solving the various problems of the is of great importance that must be applied by businesses.
world. It is also portrayed that they have a positive instinct And, as a future business owner, I’ll always remember that I
towards the world, they produced products that have a must be a blessing to other humans like my potential
connection with agricultural means, and they have customers, employees, and competitors. I also understand
established an America’s Environmental College that that we must be smart in handling our finances so that we
helped students in the society to be more educated. With could invest in things that will be fruitful to us and others like
that, the business and its effectiveness are viewed the innovation of the Environmental College program for
throughout their engagement in the business industry. students' gain. Lastly, I’ve obtained that as businesses have
opportunities to create changes, they should focus on
producing the best and good ones.
MY FAVORITE PART

I do really appreciate all parts of the video, but one QUESTION I STILL HAVE
scene prevails in me, which is about the idea that others
see problems as a way to failures but compared to the As I’ve watched the video about the business suit of
business of Lambke, they view problems as opportunities Lambke, I still have a question that pertains to what keeps
and a way for them to be a part on fixing and giving Lambke to be motivated in helping the improvement of the
answers to those existing difficulties of the world. I like the
business, nature, and society. Besides, I want to know when
fact that she doesn’t only focus on gaining profit, but she
also desires to help others in solving their hardships by she started integrating sustainable business enterprises. And,
creating jobs and carrying out services that will assist the did she and her business encounter problems as they apply
renewal of the community. In relation to that, it is a good the concept of sustainable business enterprise. In addition, I
thing that she has been able to establish a program for like also to ask why they targeted educational improvement
students to be educated and taught about the business for students among other existing problems or bad things.
models and processes on how businesses may be a good Also, what are those processes and strategies other than a
source through sharing to them the ideas about sustainable
sustainable business enterprise that they have used to attain
principles. With that, as the emergence of Unity College is
present, this would enable the business to continue longer success in their company? Finally, I like to ponder the reasons
since the education about the owned business is shared to why do Lambke continuously applies sustainable business
them showing that they must grow with grains. enterprise.
LESSON 2: OUTPUT

Direction: Critical thinking question. Answer the given situation below.

1. Be thoughtful and apply concepts of sustaining a business enterprise value to your response.
Develop it into a paragraph with at least 300 words. Think about what kind of company you would like to
work for in the future. What kind of values do you think are important for your company to have? Is it
important to you that a future employer has initiatives that meet the social, environmental, and financial
concepts to sustain their business enterprise? Why or why not?

In the first place, the poverty of the farmers is expected to prolong. According to a study, there
are common problems encountered by farmers that greatly affect the rice production of the Philippines.
High cost of inputs, low price of palay, lack of capital, labor problem, lack of postharvest facilities, pest
and diseases, and irrigation system are the problems that are continuously experienced by a lot of Filipino
farmers even amidst the pandemic including the acquisition of small salary and few support from the
government. Because of this, I would like to focus my work on the farmers and food industry of the
Philippines wherein I may establish a rice farming type of company. This agribusiness is built due to the
reason to give holistic help for the heroes of the Filipinos which are the farmers. As they work hard just to
secure continues humans’ food security, they deserve to gain larger salaries and care from a company. I
will manage my business with important values so that I could provide benefits not only to my entity but
also to my environment and society especially farmers.

About that, as I will run my business, I would integrate values that cover balanced goodness and
righteousness within the workplace, our surroundings, and the society we interacted with. One of these
values includes respect to the employees (farmers), partners, environment, and society wherein there will
be equal rights to be distributed on each group of people just also to attain peace and freedom of every
individual and thing. Valuing the extracted resources from the environment by using sustainable materials
and processes for the production of our rice products will be also considered on my entity’s values.
Besides, accountability will also be used since it is important for us to be careful in every practice our rice
farming company will perform wherein, we will avoid carrying out actions that will produce negative
impacts to the environment and society. Also, being responsible will be integrated into which we will
attain harmony in fulfilling our priorities in the natural resources, society, employers, and as well as our
business. Integrity, honesty, being selfless, creativity, innovativeness, perseverance, and discipline are
also included in the significant values of my agribusiness should implement but most of all are the
application of sustainable business enterprise throughout our business operations. Moreover, it is totally
important for me that a future employer has initiatives that meet the social, environmental, and financial
concepts to sustain their business enterprise. It is because it could produce great and positive benefits all
over the business, its workers, environment, and society. As an employer applied the concept of
sustainable business enterprise and financial freedom, it can provide a competitive advantage towards
other competitors, an increase of the bottom line, reduction of costs, enhancement of employer image and
brand, effectiveness in managing finances, and taking ownership with lives. With those practices, the
business will prolong its life and as well as the lives of the environment, society, and workers,
In conclusion, as I would like to pursue the establishment of my rice farming company, I must not
forget to include the application of sustainable business enterprise as it serves as a way to the success of
every individual. Besides, through those actions, I could extend my help not only to my workers (farmers)
but also to the development of nature and especially other people that are in need of education and
financial assistance. The poverty of farmers and other problems in the Philippines can be resolved and
answered as we all apply sustainable business enterprise. Balanced are ought to be practice in every
aspect so that positive things could happen. Finally, it is indeed that gaining profit is a good achievement
but helping and satisfying your surroundings is the even greater reward.

Reference of the study:

[Link]

Common questions

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The key values necessary for ensuring a sustainable and competitive agricultural business include respect, accountability, responsibility, integrity, and sustainability. These values guide the business towards fairness and balance in dealing with employees, partners, society, and the environment. Practices like using sustainable materials, maintaining financial accountability, and fostering innovation and creativity contribute to the business’s longevity and competitiveness .

Entrepreneurs like Amber Lambke are motivated by the potential impact sustainable practices have on improving their business, society, and the environment. This motivation stems from a desire to innovate, solve societal challenges, and create lasting positive change. The continual application of these practices ensures that their business contributes to community and environmental health, leaving a legacy that exemplifies social responsibility, forward-thinking, and resilience .

Besides sustainable business practices, businesses need to implement strategies such as effective financial management, community engagement, and innovation. These strategies enable businesses to respond effectively to market changes, create meaningful connections with stakeholders, and constantly evolve their products or services to meet future demands. Aligning these strategies with core business values ensures an integrated approach to achieving overall success and stability .

Focusing on producing positive changes allows businesses to create impactful contributions to society and the environment, enhancing their operations and reputation. This focus helps businesses to innovate continuously, foster community relationships, and reduce negative impacts. As a result, businesses gain enhanced credibility, increased customer loyalty, and a stronger market presence, which are pivotal in differentiating them from competitors and ensuring resilience .

Businesses can contribute to educational development by establishing programs that educate students on sustainable business principles, processes, and structures. This contribution is crucial for sustainable growth as it cultivates the next generation of informed business leaders who can perpetuate sustainable practices. Educated individuals can drive innovation, improve community standards, and maintain business relevancy in a changing world .

Sustainable business enterprise plays a crucial role in the longevity and social responsibility of a company by integrating practices that benefit not only the business but also the environment and society. In the case of Maine Grains, the founder Amber Lambke integrated a sustainable business model that not only helped prolong the company's life but also performed its roles for the environment and society. The video reveals that these practices helped solve various world problems through products connected with agriculture and community education initiatives .

Balancing social, environmental, and financial aspects in a business can lead to numerous benefits including competitive advantage, cost reductions, enhanced brand image, and effective financial management. This balance supports business success by fostering goodwill, innovation, and operational excellence, which contribute to long-term sustainability and market relevance. The integrated approach ensures that all stakeholders—society, the environment, and the business itself—benefit and sustain over time .

Addressing educational improvement through business initiatives can foster community growth and sustainability by equipping individuals with the necessary skills and knowledge to innovate and effectively manage local resources. These initiatives provide community members with tools to pursue better career opportunities, engage in sustainable practices, and improve overall living conditions, thereby creating a cycle of growth and positive development that supports long-term community sustainability .

Integrating sustainable practices is crucial in addressing the problems faced by Filipino farmers as it can provide holistic benefits such as stable employment, improved salaries, and environmental care. The document highlights that Filipino farmers face a myriad of issues like high input costs and lack of capital, which sustainable practices can help mitigate. By adopting such practices, a business can enhance food security, support farmer livelihoods, and ensure environmental sustainability, ultimately providing a comprehensive solution to farmers' challenges .

Amber Lambke views problems as opportunities to provide solutions and contribute positively to community development. Unlike traditional views that may see problems as obstacles to success, Lambke's approach has led her business to create jobs and services that aid community renewal. This proactive stance extends to educational programs that teach sustainable business models, fostering community resilience and prolonged business presence .

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