 BUSINESSES AND THE CIRCULAR ECONOMY-QUO VADIS?Alexandra Bunoaica Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2023, vol. 17, issue 1, 450-460 Abstract: In the contemporary business environment marked by uncertainty and rapid changes, it is imperative for firms to adapt to new challenges by identifying strategies that ensure sustainability and long-term success. One of the significant approaches that emerge in response to these challenges is the circular economy. This paper offers an analysis in compedium of this paradigm and how companies can adopt practices and strategies derived from the principles of the circular economy, to maximize their resilience and performance in the face of challenges. Additionally, trends that can influence the evolution of circularity are examined. This study draw attention to the fact that enterprises are the driving force of the economy, so engaging entrepreneurship is a sine qua non condition for the transition to a circular economy. The circular economy, in essence, can be viewed as a modus vivendi for business sustainability and the achievement of sustainable development goals. Keywords: circular economy; strategic management; sustainable development; sustainable enterprise. (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:rom:mancon:v:17:y:2023:i:1:p:450-460 Access Statistics for this article Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE is currently edited by Ciocoiu Nadia Carmen More articles in Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE from Faculty of Management, Academy of Economic Studies, Bucharest, Romania Contact information at EDIRC. |
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