 ANALYSIS OF THE COMPETITIVE ENVIRONMENT OF THE FOUNDATION OF SUSTAINABLE DEVELOPMENTMadalina Albu ()
Contemporary Economy Journal, 2018, vol. 3, issue 2, 37-42 Abstract: The competitiveness of any economic activity is related to the development and implementation of effective strategies that maximize stakeholder profits. Strategies define the company's long-term direction and ensure the management of resources to achieve the objectives. Also, knowledge of the direction and steps to follow can lead to an essential reduction in the risks of operationalization of the company's strategies. Each factor is subjected to a specific analysis process to identify the characteristics and issues underlying the development of the economic strategy. This analysis is a managerial tool to examine the organization to identify the problems it encounters and to find solutions to solve it. On the basis of the theoretical aspects presented in the paper, a case study was carried out at Electrica Furnizare. Customer focus, service quality, constructive dialogue with customers, willingness to develop and innovate are aspects that Electrica Supply offers besides supplying electricity and perhaps supplying natural gas. On the basis of the analysis carried out, proposals and recommendations may be formulated to generate the sustainable development of the organization. Keywords: competitive environment; sustainable development; strategy; strategic management (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:brc:brccej:v:3:y:2018:i:2:p:37-42 Access Statistics for this article More articles in Contemporary Economy Journal from Constantin Brancoveanu University |
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