THE PRESENT STATUS OF SUSTAINABILITY CONCEPT IMPLEMENTATION BY BUSINESSES IN SELECTED INDUSTRIES IN THE SLOVAK REPUBLIC


Ekonomika a management

THE PRESENT STATUS OF SUSTAINABILITY CONCEPT IMPLEMENTATION BY BUSINESSES IN SELECTED INDUSTRIES IN THE SLOVAK REPUBLIC

The significance of the business sustainability concept has been increasing not only abroad where it has been pursued by professionals as well as the general public for a longer time, but also here in Slovakia. It has evolved from the understood universal concept of sustainable development centred on bringing solutions to global problems and issues. It is mainly concerned with the use of limited natural resources, environmental exploitation, a fight against poverty, society polarization, etc. In a more comprehensive understanding, it involves the change and replacement of current production and consumption models with future, more sustainable ones. Looking at the complex and sectional issues of sustainable development, a positive relationship with the business sector can be observed.
Jméno a příjmení autora:

Viera Marková, Petra Lesníková, Alena Kaščáková, Miroslava Vinczeová

Rok:
2017
Ročník:
20
Číslo:
3
Klíčová slova:
Business sustainability, motives of implementation, hierarchical cluster analysis
DOI (& full text):
Anotace:
On a macro level, a concept of sustainable development was first known in context of the larger societal development and the assurance of future generational needs. Nowadays many of individuals,…více
On a macro level, a concept of sustainable development was first known in context of the larger societal development and the assurance of future generational needs. Nowadays many of individuals, companies, and other organizations are becoming aware of a need of another specific approach to living, manufacturing and doing business. The term of sustainable development has also increasingly been used on a micro level. For a business, these practices imply an effort to incorporate the social and environmental issues into the business model while simultaneously achieving longterm business growth and efficiency. The aim of the paper is, based on the analysis of sustainability concept implementation by businesses in selected industries, to identify the underlying motives and barriers to concept implementation in practice. The motives leading to sustainability concept implementation were found by means of comparison with foreign research. Another objective was to underline the most frequently used tools supporting business sustainability in particular areas and as a whole. By means of a hierarchical cluster analysis we provide a more comprehensive view of businesses´ approach to a sustainability concept. Through the objectives of this paper we have formulated six hypotheses. To verify the hypotheses we used the statistical method of analysis. By use of a questionnaire survey, we analyzed 455 businesses belonging to selected industries. The results indicated several options to improve the current state of sustainability implementation which would be beneficial for both businesses as well as the wider environment. The solution for the indicated problems, however, requires not only participation of the business sector but also the interaction of the state.
Sekce:
Ekonomika a management

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