measure the relevant variables is to investigate the total number of a particular variable and do statistical methods. All facts and statistics must be checked accordingly. In this way, it will be accurate to apply the total number of compromised in all variables in the problem and in the specified strategies. All nations are willing to cooperate and willing to spend the correct and recommended amount of financial aid, and that is the evaluation of the findings, then the policies to be applied will go through to save the atmosphere and the planet from global health. Apart from that, people are the most important factor because the first part in all strategies is people’s commitment to fighting the high risk of global warming. IX. Action Plan/Programs Action Specific Task Responsible Area Addressing the risk and uncertainty problem Since resources are scarce, it is evident that this is one of the action measures we need to carry out. Organization/Everyone Addressing conflict of interest The best way to address conflict issues on different countries’ interest and between different consumers and producers is to create global group that recognize diversity by addressing different needs, interests and cultures. The group should go through Organization/Everyone
Case Study: Global Warming Page 6 of 6 and learn on how to communicate with people. X. Conclusions It is known that global warming is the international society’s biggest challenge. There is very little question that in the next century, global warming would transform our environment. So what are the global warming solutions? First, an international political compromise must be sought. Furthermore, investment must be expanded to grow low-cost or clean energy output, as all the economy is based on increasing energy usage. If introduced today, it can reduce much of the risk and harm that could be caused by climate change. In such condition as this, which is global warming, it is needed that we have an important role to play throughout handling economics in making better decisions in industry or elsewhere, and apart from that, it is very evident that the approach learned and applied in managerial economics is crucial in formulating solutions to the problem. XI. References
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