Abstract
The article reflects the results of the study on the creation and operation of sustainable business models. Today, every company has to think about the social and economic issues related to its activities: the scarcity of natural resources, the ethical management of the supply chain, the well-being of the staff, the rational use of energy, the management of waste. The concept of sustainable business model describes how an organization creates, delivers and captures value in economic, social and environmental contexts. We analyzed how sustainable business models are defined and why it is necessary to develop them, what are the differences between a traditional model and a sustainable one, how can we transform a traditional model into a sustainable one. Another topic developed in this article refers to the study of recent developments in the field, such as the circular economy and the development of business models in the circular economy. We also tried to answer the question: how compatible are the three components of a sustainable business model: economic, social and environmental.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
