Informatics Publishing Limited

Wangchuk Chungyalpa ¹, Bedanta Bora ², Samarjeet Borah ²

Affiliations
1 Department of Management Studies, Sikkim Manipal Institute of Technology(A constituent college of Sikkim Manipal University), Rangpo, Majitar, East Sikkim,, IN
2 Department of Management Studies, Sikkim Manipal Institute of Technology(A constituent college of Sikkim Manipal University), Rangpo, Majitar, East Sikkim, IN

Abstract

Defining business model constitutes a major challenge. This is primarily because there are many different aspects to a business, hence when we talk of business models, it means different things to different people. Difference lies in the very concept of what constitutes a business (key aspects) and how such a concept can be represented using a common notation. One solution to the problem is to use ontology to communicate. Ontologies are agreed upon frameworks for representing concepts in any domain area. Hence, ontologies are used to represent knowledge, processes, business motivations, business strategies, enterprise structure, and more including business models. The Business Model Ontology (BMO) is one such ontology. Designed and developed by Alexander Osterwalder, it is aimed specifically at representing, understanding, communicating and analyzing business models. This paper is an evaluation of the Business Model Ontology (BMO). The paper consists of two parts. In the first part the researchers describe the four pillars, the nine elements and their sub-elements comprising the ontology. In the second part the ontology is reviewed and evaluated using nine criteria. The fundamental aim is to examine the ontology capabilities – its strength and weaknesses.

Keywords

Ontology Definition, Business Model Ontology, BMO Evaluation, Ontologies, BMO Analysis.

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Wangchuk Chungyalpa ¹

Affiliations
1 Assitant Professor (Sr. Gd), SRM University Sikkim, Department of Management, Gangtok, Sikkim, IN

Abstract

In the past three centuries human progress and development have been remarkable such that even the poorest and the least developed countries have realized substantial improvements in living standards, health care and access to education. However, these developments have come with minimum regard to social evolution and environmental protection. In the long run such form of development is unsustainable. The private sector is a key stakeholder having significant impact on the sustainability effort. This paper consists of three sections. The first section examines the concept of sustainable practices - its origin, definition and taxonomy. The second section explains ‘why’ the focus on sustainable business practices. The final section explores ‘how’ sustainability can be practiced by businesses. It provides a comparison of the various frameworks, guidelines, standards and tools by asking twelve questions. The aim of this paper is to make a case for sustainable business practices.

Keywords

Sustainable Business Practices, Sustainable Business Framework, Sustainable Business Tools, Sustainable Business Guidelines.

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Wangchuk Chungyalpa ¹

Affiliations
1 SRM University Sikkim, Department of Management, Gangtok, Sikkim, IN

Abstract

Despite a plethora of laws and acts concerning environmental protection and conservation, India ranks amongst the most polluted countries in the world. The root causes for the current deplorable environmental state are poor monitoring, implementation and enforcement of environmental laws. This paper examines the administrative framework of the Ministry of Environment, Forest and Climate Change (MoEFCC). The paper consists of three sections. The first section provides an overview of the administrative set up of the MoEFCC in India. The second section highlights the major issues and recommendations associated with the functioning of the Central Pollution Control Board (CPCB) and State Pollution Control Boards. The third and final section examines the problem from the current context – are the issues highlighted in the 2006 study still relevant today? This is done by examining the current literature and publications. This section also examines the National Green Tribunal (NGT) and highlights issues therein.

Keywords

Poor Environmental Regulation in India, Poor Environmental Enforcement in India, Ineffectiveness of Central Pollution Control Board, Ineffectiveness of State Pollution Control Board, National Green Tribunal and Administrative Issues.

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