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Reflection Of Socially Responsible Operations On The Increase In Competitiveness

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  • Goran Kutnjak

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.

Suggested Citation

  • Goran Kutnjak, 2014. "Reflection Of Socially Responsible Operations On The Increase In Competitiveness," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 8(1), pages 413-423.
  • Handle: RePEc:isp:journl:v:8:y:2014:i:1:p:413-423
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    Keywords

    changes; competitiveness; socially responsible operations; competitiveness; reflection; correlation;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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