The Road to Competitive Advantage must be Paved with a Respectful Attitude towards the Environment

Chivu Ramona Maria ()
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Chivu Ramona Maria: Spiru Haret University, Bucharest, Romania,

Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 1, 486-491

Abstract: The role of economic entities in society has changed as a result of the emergence of environmental concerns among people. Currently economic entities are facing a new challenge, that of introducing environment variable in its activities. The paper deals with new environmental assessment of the effects on competitiveness and how we can transform the environment into a competitive advantage. The current concern, social and institutional environment protection has led to pressure on economic entities to adopt a much more respectful of the natural environment. This is a challenge for managers entity. However, it is clear that regulations and legislation are not enough to stabilize the situation. Change must take place in the business. In conclusion, we must be aware that the road to competitive advantage is difficult, full of obstacles, and be paved with a respectful attitude towards the environment, but at the other end sees business sustainability.

Keywords: environment, environmental management, competitive advantage, environment variable, business durability (search for similar items in EconPapers)
JEL-codes: M41 M48 N27 Q20 Q51 Q56 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xv:y:2015:i:1:p:486-491

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