Final answer:
To prevent or lessen the effect of contemporary issues in business, strategies such as adopting practices compatible with reduced resource availability, implementing ethical practices, and fostering collaboration among nations are important.
Step-by-step explanation:
In order to prevent or lessen the effect of contemporary issues in business, there are several strategies that can be implemented. One approach is to adopt practices that are more likely to be compatible with a future defined by reduced resource availability. This can involve reducing energy and resource demands, making conscious choices that have a smaller impact, and embracing alternative ways of conducting business.
Another important aspect is the ethical responsibility of corporations in addressing social, economic, and environmental problems. Corporations should evaluate the difficulty of establishing ethical practices pertaining to emerging technologies and take steps to ensure their business operations are in line with sustainable and responsible practices.
Furthermore, collaboration and international agreements play a significant role in tackling global environmental issues. Issues like global warming and biodiversity loss require collective action and cooperation among nations to find effective solutions.