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Describe the two main ways managers can increase return on invested capital (ROIC). Give examples of strategies that can be used to achieve each of these goals.
Renewable Energy
Energy derived from natural processes that are replenished at a faster rate than they are consumed, such as solar, wind, and hydroelectric power.
Climate Change
Long-term alterations in temperature, precipitation, and other climatic factors on Earth, often as a result of human activities like burning fossil fuels, leading to global warming and shifting weather patterns.
Ozone Depletion
The reduction of the ozone layer in the earth's stratosphere, primarily caused by human-made chemicals, leading to increased ultraviolet radiation reaching the Earth's surface.
Heart Disease
A range of conditions affecting the heart, including coronary artery disease, arrhythmias, congenital heart defects, and others, leading to various health complications.
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