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

Author

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  • Chivu Ramona Maria

    (Spiru Haret University, Bucharest, Romania,)

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.

Suggested Citation

  • Chivu Ramona Maria, 2015. "The Road to Competitive Advantage must be Paved with a Respectful Attitude towards the Environment," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 486-491, May.
    • Handle: RePEc:ovi:oviste:v:xv:y:2015:i:1:p:486-491
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    More about this item

    Keywords

    environment; environmental management; competitive advantage; environment variable; business durability;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M48 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Government Policy and Regulation
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • N27 - Economic History - - Financial Markets and Institutions - - - Africa; Oceania

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