REFLECTION OF SOCIALLY RESPONSIBLE OPERATIONS ON THE INCREASE IN COMPETITIVENESS

Goran Kutnjak

Economy & Business Journal, 2014, vol. 8, issue 1, 413-423

Abstract: Competitive ability and advantage are changing in character, they have no static characteristics which premiums that they, as a «consequence» of numerous relations and correlations of internal and external factors, have to be approached in a highly responsible manner, with a lot of forethought and necessity to balance economic, as well as social, ethical, and ecological dimensions, which undoubtedly affects the increase in competitiveness. Numerous examples in practice confirm that responsible way of operating results in an increase in competitiveness, or that those environments/organizations which do not respect, or marginalize the importance of socially responsible operations self-initiatively create predispositions for non-competitiveness, and thus the subordination on the market and conscious devaluation of earlier set social and economic objectives and interests. In order to maintain and improve competitiveness it is of great significance to satisfy ethic and social requirements and needs of the wider community. Different approaches of certain societies regarding balancing, and harmonization of these «worldviews», but in any case there are certain positive correlations, mainly because the social responsibility is focused on improvement and increasing competitiveness.

Keywords: changes; competitiveness; socially responsible operations; competitiveness; reflection; correlation (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2014
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.scientific-publications.net/get/1000007/1409339694519662.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:isp:journl:v:8:y:2014:i:1:p:413-423

Access Statistics for this article

More articles in Economy & Business Journal from International Scientific Publications, Bulgaria
Bibliographic data for series maintained by Svetoslav Ivanov ().