Sustainable development needs to be considered both at the macro and micro level. World history has been developing over an enormous number of years. During this period, the considerable power of the economy and its globalization is shown. The development tendencies of the present world have greatly influenced the original appearance of our planet and its aspects, such as humanity, nature, and the connections of various kinds of systems. All this leads to the understanding that the possibilities of nature to maintain a balance are not unlimited. The economy closely interacts with nature, which what determines the relevance and importance of the sustainability of modern companies and the balance of economic, social and environmental aspects of development for any company. The conditions of functioning of real-time economic entities determine the priority and relevance of the tasks of ensuring their sustainable development, which is due to the constant impact of objective and multidirectional factors of micro and macro level economy. The impact of external and internal factors remains unchanged and can lead to a violation of the stability of the state of the company if it is not prepared for them, and, therefore, is not able to resist them. In turn, the sustainability of a company’s development is characterized by its ability to function effectively and develop when external and internal conditions change. The strategic goal of sustainable development is to ensure the longest and healthiest possible existence for us and our generation, due to the competent combination and interaction between economic, social and environmental aspects that cover our lives, preserve the natural potential and technological capabilities and form certain benefits for humanity as a whole
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.