The environmental costs as a factor of differentiation for companies
Abstract
The changes in the environment are beginning to affect human life. The natural resources are limited and cannot be wasted lest we jeopardize the ecological balance of our planet. This study discusses the principles of environmental costs. It describes the theory of environmental costs as well as its implications in companies. The accounting of the environmental costs has been changing companies internally. The ecologically correct way of thinking conveys an expectation of longevity and a better quality of life.
Key words: environmental costs, sustainability, business management
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