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Environmental Policy as a Competitive Advantage in the Global Environment

  • Zuzana Tekulova
  • Zuzana Chodasova
  • Marian Kralik
Chapter
Part of the EAI/Springer Innovations in Communication and Computing book series (EAISICC)

Abstract

In a constantly changing market environment, competitiveness is a pillar requirement and fundamental characteristic of a company. In difficult economic conditions, only the strongest enterprises will survive. Thus, companies should be encouraged to control costs in order to maintain a competitive advantage. For manufacturers and service providers, environmental management is one of the most effective tools to achieve this objective because it minimizes the negative impacts of production activity on the environment. Environmentally-oriented business management can overcome discrepancies in the market, society, and environment. Environmental management programs increase the economic efficiency of a business entity to increase its profit potential and improve its environmental profile. Furthermore, a company that intends to operate in a foreign market will be faced with more intense environmental certification requirements regarding the quality of products, manufacturing, and services.

Keywords

Indicators of profitability Environmental policy Economic analysis of the company SWOT analysis 

Notes

Acknowledgement

This contribution is the result of the project VEGA 1/0652/16, “The influence of territorial location and sectoral focus on the performance of business subjects and their competitiveness in the global market”.

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Copyright information

© Springer International Publishing AG, part of Springer Nature 2019

Authors and Affiliations

  • Zuzana Tekulova
    • 1
  • Zuzana Chodasova
    • 2
  • Marian Kralik
    • 1
  1. 1.Slovak University of Technology, Institute of Manufacturing Systems, Environmental Technology and Quality ManagementBratislavaSlovakia
  2. 2.Institute of Management, Slovak University of Technology in BratislavaBratislavaSlovakia

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