IMPORTANCE OF IDENTIFYING COST MANAGEMENT IN GREEN BUSINESSES
Journal
Economic Development JOURNAL OF THE INSTITUTE OF ECONOMICS - SKOPJE
Date Issued
2021-04
Author(s)
Katerina Hadzi Naumova-Mihajlovska, Neda Petroska-Angelovska, Marija Takovska
Abstract
Green business can be defined as business committed to the principles
of environmental protection within their activities, while striving to use
renewable energy sources and trying to minimize the negative impact on the
environment. Identifying their costs is very important because it provides a
realistic assessment of the economic and environmental impact of business
(enterprise) on the environment. Therefore, the main purpose of the paper is
based on analysis of the activities of green businesses to identify the main
characteristic of their cost management and to clear that managers need cost
management tools in order to make right decisions
of environmental protection within their activities, while striving to use
renewable energy sources and trying to minimize the negative impact on the
environment. Identifying their costs is very important because it provides a
realistic assessment of the economic and environmental impact of business
(enterprise) on the environment. Therefore, the main purpose of the paper is
based on analysis of the activities of green businesses to identify the main
characteristic of their cost management and to clear that managers need cost
management tools in order to make right decisions
Subjects
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Economic-Development-Journal-of-The-Institute-of-Economics-–-Skopje-Year.23-No.-12021-April-2021-2.pdf
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