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Importance of Business Process Quality for Creating Added Value and Raising Reputation of Companies in Low-Carbon Economy

Author

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  • Jarmila Straková

    (Institute of Technology and Business in Ceske Budejovice, Faculty of Corporate Strategy, Department of Management, Nemanicka 436/7, 370 10 Ceske Budejovice, Czech Republic)

  • Yaroslava Kostiuk

    (Institute of Technology and Business in Ceske Budejovice, Faculty of Corporate Strategy, Department of Management, Nemanicka 436/7, 370 10 Ceske Budejovice, Czech Republic
    Faculty of Operation and Economics of Transport and Communications, University of Zilina, Univerzitna 8215/1, 010 26 Zilina, Slovakia)

Abstract

In an era of increasing environmental challenges, the transition to a low-carbon economy is an essential step for the manufacturing and industrial sectors. The quality of business processes plays a key role in the transition to a zero-carbon economy. The objective of the paper was, thus, to analyze the break-even point in core and supporting business processes using the proposed linear model based on regression analysis. The aim was to identify the impact of qualitative processes in the pre-production, production, and post-production phases on reaching the break-even point and how these processes affect profits in engineering companies operating in low-carbon sectors. The results suggest that supporting quality processes would generate the highest profit. Investing in improving the quality of core and supporting business processes has a twofold impact, as it improves the bottom line of enterprises through enhancing their reputation as socially responsible businesses. Corporate reputation based on corporate social responsibility in a low-carbon economy represents a valuable intangible asset that helps industrial companies to develop a sustainable and thriving low-carbon business ecosystem.

Suggested Citation

  • Jarmila Straková & Yaroslava Kostiuk, 2023. "Importance of Business Process Quality for Creating Added Value and Raising Reputation of Companies in Low-Carbon Economy," Energies, MDPI, vol. 16(17), pages 1-18, September.
    • Handle: RePEc:gam:jeners:v:16:y:2023:i:17:p:6388-:d:1232067
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    References listed on IDEAS

    as
    1. František Pollák & Peter Markovič & Helena Majdúchová, 2023. "Reputation of Electric Vehicles in the Environment of Carbon Reduction and Accelerated Digitization," Energies, MDPI, vol. 16(9), pages 1-24, April.
    2. Zenghua Gong & Kaiyi Guo & Xiaoguang He & Wei Wang, 2021. "Corporate Social Responsibility Based on Radial Basis Function Neural Network Evaluation Model of Low-Carbon Circular Economy Coupled Development," Complexity, Hindawi, vol. 2021, pages 1-11, March.
    3. Jarmila Straková & Ismi Rajiani & Petra Pártlová & Jan Váchal & Ján Dobrovič, 2020. "Use of the Value Chain in the Process of Generating a Sustainable Business Strategy on the Example of Manufacturing and Industrial Enterprises in the Czech Republic," Sustainability, MDPI, vol. 12(4), pages 1-15, February.
    4. Jarmila Straková & Antonín Korauš & Jan Váchal & František Pollák & Filip Černák & Milan Talíř & Jaroslav Kollmann, 2021. "Sustainable Development Economics of Enterprises in the Services Sector Based on Effective Management of Value Streams," Sustainability, MDPI, vol. 13(16), pages 1-15, August.
    5. Xuefeng Liu & Li Ma, 2023. "Sustainable Development of Business Economy Based on Big Data Algorithm under the Background of Low-Carbon Economy," Sustainability, MDPI, vol. 15(7), pages 1-16, March.
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