What Is Corporate Sustainability?

The sustainable development of an enterprise means that in the process of pursuing self-sustainment and sustainable development, the enterprise must consider the realization of the company's business objectives and improve its market position, while maintaining the company in the leading competitive field and future expansion of the business environment Always maintain sustained profitable growth and improved capabilities to ensure that the company will prosper for a long time.

Enterprise sustainable development

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Enterprise sustainable development means that in the process of pursuing self-survival and sustainable development, the company must consider

Sustainable development is a brand-new concept brought forward in the 1980s with the extensive discussion of global environment and development issues, and it is the result of long-term and profound reflection on traditional development models. In 1992

Enterprise sustainable development strategies are very complicated, but many theories are discussed from the characteristics of a certain aspect of the enterprise. According to the summary of domestic and foreign researchers and actual workers, corporate mergers and acquisitions can be divided into the following types.

Enterprise sustainable development strategies mainly include innovative sustainable development strategies, cultural sustainable development strategies, institutional sustainable development strategies, core competitiveness sustainable development strategies, and element sustainable development strategies.

(1) Innovative sustainable development strategy

The so-called innovative sustainable development strategy, that is, the core of sustainable development of enterprises is innovation. [3] The core issue of an enterprise is to be effective. Effectiveness requires not only institutional guarantees, but also continuous innovation. Only an enterprise that is constantly innovating can ensure the sustainability of its benefits, that is, the sustainable development of the enterprise. Horizontal mergers and acquisitions refer to mergers and acquisitions between enterprises that produce or manage the same type of products.

(2) Cultural sustainable development strategy

The so-called cultural sustainable development strategy, that is, the core of corporate development is corporate culture. Facing the ever-changing internal and external environment, the development of an enterprise is dominated by its corporate culture.

(3) System sustainable development strategy

The so-called institutional sustainable development strategy refers to the fact that enterprises obtain sustainable development mainly from the corporate system.

(4) Sustainable development strategy of core competitiveness

The core competitiveness of an enterprise refers to its relative competitiveness, which is different from the enterprise and has its own characteristics. The sustainable development strategy of a company's core competitiveness means that the sustainable development of an enterprise is mainly to cultivate its core competitiveness.

(5) Elements of sustainable development strategy

Factors The sustainable development strategy believes that the development of an enterprise depends on the following factors: manpower, knowledge, information, technology, leadership, funding, and marketing.