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Solution to Internalize the Sustainability in a Spa Company

Author

Listed:
  • Marian NÃSTASE

    () (The Bucharest University of Economic Studies, Romania)

  • Cosmin DEMETRIAN

    () (The University of Craiova, Romania)

Abstract

Our research views the sustainability of the company as a way to support the sustainable development of the local community. In turn, the local community developed sustainably has a positive impact on the sustainable development at society’s level. Local communities develop sustainably when companies intend to bring their contribution to a partnership relation between the local community and companies. Such partnership helps companies to choose solutions to mitigate threats and to support the local community to develop sustainably. Local community-company partnership does not allow the stakeholders to adopt a win-win attitude. In this context, stakeholders build strategies according to their own visions; the local community builds strategically a sustainable development whereas companies have strategies to increase the sustainability of the business.

Suggested Citation

  • Marian NÃSTASE & Cosmin DEMETRIAN, 2014. "Solution to Internalize the Sustainability in a Spa Company," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(1), pages 5-15, March.
  • Handle: RePEc:rom:rmcimn:v:15:y:2014:i:1:p:5-15
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    More about this item

    Keywords

    sustainability; sustainable development; viable local development; partnership; local community profile; company’s operational profile.;

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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