| Title | Managerial Instruments For Sustainable Business Administration |
|---|---|
| ID_Doc | 77861 |
| Authors | Bodislav, AD; Popescu, L; Alpopi, C |
| Title | Managerial Instruments For Sustainable Business Administration |
| Year | 2018 |
| Published | |
| Abstract | Sustainable business administration at international level is not significantly different from business administration in general. One of the most important global features is to demonstrate through quantitative information the way through which action targeted in the idea of sustainability towards creating profits for the company. There are many managerial instruments for sustainable global business administration and in a continuous evolution in line with the theoretical and practical results that confirm or not their potential. The most important are the integrated management systems, social responsibility programs, communication strategies and methods for evaluating sustainable performance. The high variety of instruments and evaluating systems for sustainable performance led towards a debate on the need to merge them starting from the plurality of standards that influence the approach and quality of the information used for creating decisions. In this context, we analyzed these instruments in the idea of identifying the impact on society at the global level, in general and especially on businesses. Businesses need to be modeled at global level in the idea that the competition is not only locally based it is spread worldwide, and companies from Slovakia will compete with companies from China and Australia to provide to South Arabia standardized meat for local processing, because the sheep used for processing their meet are met by the best quality (from Australia), best producing quantity (from China) and best quality/quantity ratio (from Slovakia), so the selling price will be similar, but some differentiated selling propositions will be needed. |
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