Modelling Sustainability Of SMEs Business In The New Economic Transition

Abu Bakar, Kamarudin and Amat Senin, Aslan (2016) Modelling Sustainability Of SMEs Business In The New Economic Transition. International Journal Of Business, Economics And Law, 11 (2). pp. 32-37. ISSN 2289-1552

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Abstract

Green management is nowadays synonym with the small medium enterprises (SMEs). It has challenged these types of companies to transform into green business and urged them to start making green products. Many entrepreneurs are aware that in order to move on, they somehow need to acquire a new way of doing business, more relevance to their future growth and existence. Organizational processes should start using green resources to comply with the green principles that stretched beyond the nature of product life cycle concerns. It now becomes critical to built-in sustainable development around the business ecosystem. The significant improvement made on the entrepreneurial activities should result in safeguarding our Mother Nature and the future generation survival. Hence, the paper intended to discuss the major influences on the SMEs to take up the green entrepreneurship. Consequently, the green economic transition also emphasized the needs to adopt green business strategy for the business competitive advantage. Overcoming the current economic setback must be in-line with the performance of a sustainable business.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HD Industries. Land use. Labor
Divisions: Faculty of Technology Management and Technopreneurship > Department of Technology Management
Depositing User: Mohd Hannif Jamaludin
Date Deposited: 22 Mar 2019 07:39
Last Modified: 22 Mar 2019 07:39
URI: http://eprints.utem.edu.my/id/eprint/22811
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