BMGT 364 BMGT364 BMGT/364 Memorandum – Biotech Germany

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BMGT 364 BMGT364 BMGT/364 Memorandum – Biotech Germany

Theme 1

Memorandum

To: James West

From: Artemus Gordon

Date: March 22, 2018

Subject: Shortage of potable water supply on a global scale

I came to an awareness that the cost of the water supply has significantly increased in the last three years. The rising water shortage leads to the climate change and it is identified as a major risk in the global economy.

It came to my attention, that water scarcity can have a negativeeffect on Biotech Germany, by affecting operations and supply chain.

“Many companies — particularly multinationals — have started to assess their water risk and in the near future we may expect to see an increasing number of them developing response strategies” (Hoekstra, 2014).

Obviously, water shortage is a global issue. Since many of our products in the health care line are water based, I’ve realized that the increasing cost of the water supply is not the only problem that we are currently facing.

We need to come to a quick solution where we can maintain the current prices so we don’t lose our customers.

BMGT 364 BMGT364 BMGT/364 Memorandum – Biotech Germany

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BMGT 364 BMGT364 BMGT/364 Memorandum – Biotech Germany

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