The Integrated Management System – A Transition Pathway to a Sustainable and Circular Bioeconomy

Valentina Irena Tudoran (Niculiță) () and Elena Condrea ()
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Valentina Irena Tudoran (Niculiță): The Bucharest University of Economic Studies
Elena Condrea: „Ovidius†University of Constanta

Ovidius University Annals, Economic Sciences Series, 2020, vol. XX, issue 1, 804-810

Abstract: Starting from the current context, characterized by global warming, limited non-renewable resources, ecosystem degradation and population growth, organizations around the world have become increasingly concerned with achieving the goal of sustainable development by moving to the circular economy. Organizations operate in an unstable environment, constantly changing, characterized by the permanent action of external or internal factors. Rapid adaptation to these factors means increasing competitiveness and resource efficiency, and the chances of making a profit increase significantly. The effective implementation of integrated management systems (qualityenvironment-food safety) in accordance with the revised new ISO standards that address riskbased thinking is necessary in order to increase the overall performance of the organization and, implicitly, long-term business development (sustainable success). Thus, the implementation of integrated management systems according to the revised new ISO standards becomes a concrete and viable tool for achieving the goal for a sustainable development and circular economy in Europe.

Keywords: integrated management system; sustainable development; sustainable and circular bioeconomy; product life cycle (search for similar items in EconPapers)
JEL-codes: M11 M14 Q01 Q56 Q57 Q58 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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